Home Rangers Price valuation preventing Rangers from completing crucial January deal despite advanced-stage negotiations

Price valuation preventing Rangers from completing crucial January deal despite advanced-stage negotiations

According to ESPN, Rangers are close to sealing a deal with Mexican outfit Cruz Azul for the exit of summer flop midfielder Carlos Pena, but both clubs are yet to reach an agreement on the nature of the proposed contract.

While the Light Blues are looking to permanently sell the 27-year-old for around the £2.2million they signed him for in June, the suitors – now managed by former boss Pedro Caixinha – want an initial loan deal.

Pena’s exit will be relieving for Rangers given his poor level of performance since arriving. The midfielder has started just 6 of the 12 league games he has played this term, returning 4 goals.

While a temporary exit will free up funds, as his wages can then be added to the transfer kitty, getting at least close to the £2.2million spent on his signature will be better as it will go a long way in helping to recruit a quality replacement.

An exit looks all but certain as Caixinha has ordered Cruz Azul to get him his man, but it remains to be seen if he will be sold or loaned out.

Pena’s exit is a crucial deal cash-strapped Rangers must look to complete wisely as it could go a long way in helping decide how well their January transfer window goes.