Rangers are anticipated to finalize the signing of Leicester City centre-back Conor Coady during the current transfer window under manager Russell Martin.
The Scottish club has already strengthened its defense by permanently signing Emmanuel Fernandez from Peterborough United and bringing in Nasser Djiga on loan from Wolves.
Sporting director Kevin Thelwell is looking to provide more depth for Martin in central defense, with Coady being a key target for the Ibrox side. Although fans are growing concerned about the delay in securing the English defender, there has been a promising update.
Coady Transfer Still Expected, Fee Around £2 Million
According to journalist Keith Jackson, Rangers may have to pay around £2 million to land the 32-year-old. The Daily Record reporter shared that sources close to the England international believe a move to Glasgow is still on track.
Speaking on Hotline Live (17 July), Jackson said:
“There will be a fee involved since Coady has one year left on his contract. Leicester’s financial struggles are no secret. They’re looking to free up resources, and if a deal is done, it’s likely to be for around £2 million. I’ve spoken to people close to the situation, and they still expect the move to go through.”
Martin Could Boast Strong Defensive Depth Next Season
Martin has named John Souttar in Rangers’ squad for their Champions League qualifier against Panathinaikos. The first leg is set for 22 July in Glasgow, with the return fixture to be played at the Olympic Stadium in Athens.
Though Souttar’s fitness was uncertain following recent surgery, he now appears ready to play. However, the 28-year-old may still be on the move this summer, with Turkish side Trabzonspor reportedly showing interest.
If Souttar is sold, Rangers could comfortably replace him with Coady. Bringing in the Leicester defender would give Martin — formerly of Southampton — several solid options at the back. Since Souttar’s contract ends next year, offloading him for a fee could be a smart move. Still, only time will reveal how things play out at Ibrox.
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