RESOLVING THE LEDGER
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Youssef Chermiti faces a long recovery from anterior cruciate ligament damage sustained shortly after Rangers turned down an offer for the striker.
The 22-year-old Portuguese was injured during Sunday's 2-1 home defeat to Hibernian as he collided with advertising boards following a jarring challenge.
A club announcement via social media states Chermiti "will be out of action for a significant period of time".
He moved to Ibrox from Everton in September 2025, reportedly becoming Rangers' most expensive purchase since Tore Andre Flo in 2000.
Capped at under-21 level by Portugal, the centre forward has made 43 Rangers appearances, 30 of them starts, scoring 15 goals.
At Monday's shareholders' meeting, chairman Andrew Cavenagh was quizzed about the wisdom of Chermiti playing amid transfer interest.
The American replied: "Just because someone lobs an unsolicited offer in on one sheet of paper, you don't yank a player from a really important match."
Prior to kick-off on Sunday, manager Derek McInnes was asked to comment on reports that Turkish champions Galatasaray were the interested club and told BBC Scotland: "I'm led to believe the club's valuation of the player hasn't been met.
"It's no surprise that he's a player who's got a big (price) tag on him and he's got high potential, but thankfully he's our player and that will continue to be the case.
"We're trying to build a team here at the minute and we're trying to still bring additions to the team that helps us add to the good players that we've got, including Youssef.
"So it's not something we would encourage at any point."
From my vantage point in the main stand at Ibrox, I winced as soon as I saw Chermiti crumple into a heap behind Raphael Sallinger's goal.
He immediately raised his arm, signalling he was in agony and that he needed urgent attention. It was instantly clear his game was over. What Rangers will now be hoping is his entire season isn't finished.
A cruciate ligament injury is by definition a serious one. The fact the club are already signalling he's out for a "significant period" tells its own story.
The timing could not have been worse and McInnes will be starting to wonder if the early days of his tenure at Ibrox are jinxed. On the very day Rangers turned down a substantial bid - reported to be £22m - for Chermiti, he suffers an injury that will rule him out for months.
The board had a decision to make: look to bank a significant deal and rest him against Hibs or reject the "unsolicited" offer and play him. If they could turn back time...
Chairman Cavenagh says "three to five" new faces will still be recruited, and that will be music to McInnes' ears. He may now need a new striker, with Chermiti out.
Lawrence Shankland is still to get his Rangers career off the mark and Ryan Naderi doesn't look like the answer to the team's current lack of goals. Bojan Miovski is still on the books but is yet to play a competitive minute for his new manager.
McInnes started Chermiti in both of the past two matches but must now find the goals to see off Poland's Jagiellonia Bialystok in Europa League qualifying without him.
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