Rangers Set to Pursue Lewis Ferguson in Historic Transfer Move

By Patricia Miller

Jun 18, 2026

1 min read

Rangers are accelerating efforts to bring Lewis Ferguson back, with a transfer fee potentially setting a new club record.

Rangers are intensifying negotiations to bring Lewis Ferguson back to Ibrox, potentially orchestrating the most expensive signing in the club’s history.

Ferguson, a product of the Rangers youth academy, has transitioned through various stages of his career, from Hamilton Academical to Aberdeen and now to Serie A at Bologna. The current fee estimation of £12 million reflects a significant financial leap for Rangers, who traditionally operate on a more conservative transfer budget, thus underscoring the magnitude of this potential deal.

#What Financial Implications Are Associated with Ferguson’s Transfer?

Ferguson’s market valuation hovers between €10 million to €15 million, translating to roughly £8.6 million to £13 million. This valuation is crucial because the upper limit approaches the maximum amount Rangers have previously allocated for a single player. Bologna's recent rejection of an £18 million offer from Inter Milan highlights their valuation of Ferguson as a vital asset.

Having moved to Bologna in July 2022 for a mere £3 million, Ferguson's market worth has surged significantly in a short time.

#How Will Rangers Fund This Ambitious Move?

Discussion has revolved around the potential sale of Nico Raskin as a means to fund the transfer. Ferguson’s agent has confirmed the midfielder's genuine intent to return to Rangers. However, acknowledging the financial challenges posed by Bologna, Ferguson's family has indicated that a transfer might not be feasible this summer.

Important Notice And Disclaimer

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.