Arsenal prepare six-figure sum for Rangers wonderkid as Celtic plan to break transfer record.

A round-up of the most recent Rangers and Celtic transfer rumours, as Arsenal seeks a Scotland and US youth international.

While all eyes are on the Premiership title race, the transfer rumour mill in Glasgow remains active. Both teams will be planning for hectic summers, regardless of where the trophy ends up.

A comfortable win against Hearts increased Rangers’ lead and may have caused fear in the Parkhead boardroom. Here’s the daily transfer round-up for Saturday, February 24.

Arsenal pursue Rangers wonderkid.

Arsenal are reportedly interested in signing Rangers wonderkid Alexander Smith. Gers fans are accustomed to clubs south of the border looting their academy ranks.

Billy Gilmour and Rory Wilson are two well-known players that left the Ragers early in their careers to pursue new opportunities. The 15-year-old, who has previously represented Scotland and the United States at youth level, is being monitored by the Gunners ahead of the summer window.

Smith, a skilled midfielder, played for Rangers in the East Mallorca Cup last year and is regarded as one of the Teddy Bears’ most promising prospects. According to The Scottish Sun, Arsenal are close to signing Smith for a six-figure price.

Celtic to shatter record

According to Football Insider, Celtic are on track to break their transfer record this summer. Basketball fans have grown dissatisfied with the lack of activity in recent years.

Celtic reported a £40 million profit in their annual reports for the 2022-23 season last month, giving them freedom to move. The sale of Jota to Saudi Pro League club Al-Ittihad also increased the balance sheet’s flexibility.

The Bhoys last smashed their transfer record in 2018, when they spent £9 million to recruit Odsonne Edouard. If Rangers win the Premiership from Parkhead in May, Celtic officials may consider easing financial restrictions.