Rangers FC have reached an agreement with Partizan Belgrade over the transfer of Serbian midfielder Vanja Dragojevic, ending weeks of negotiations that saw bids bounce between £3.8 million and £5.5 million before the two clubs found common ground. The deal includes a sell-on clause, giving Partizan a cut of any future transfer fee if Dragojevic moves on to a bigger stage.

The deal structure and what it reveals

Rangers initially came in with a bid of roughly £3.8 million, which works out to approximately €4.5 million. Partizan Belgrade pushed back and sought a fee in the range of £4.5 million to £5.5 million plus sell-on clauses. The final agreed fee lands somewhere in that corridor, with the sell-on clause acting as Partizan’s version of a trailing commission.

Dragojevic is a 20-year-old Serbian international who captained Partizan Belgrade. The fact that Partizan had already signed a replacement midfielder, Timothy Ouma from Slavia Prague, tells you this wasn’t a sudden move. Both sides had been preparing for this departure for weeks.

Rangers are deep in a squad rebuilding phase under manager Derek McInnes, targeting multiple signings this summer. Dragojevic appears to be a cornerstone of that effort rather than a depth piece.