Rangers and PSV transfer cost comparison shows marquee rules only in effect in Eindhoven as Dutch flex financial muscle

Michael Beale said he is “led to believe Rangers are slight underdogs” against PSV Eindhoven but in terms of the respective cost of the squads the Dutch side should be big favourites.

PSV's squad have shown their spending power this summer, smashing their club record transfer spend when they recruited Noa Lang, a doubt for Tuesday’s first leg at Ibrox, for £12 million from Club Brugge. Rangers haven’t been able to spend that kind of cash since the days of Tore Andre Flo back in 2000 and likely won’t again for a long time.

Rangers also lost out to PSV in the race for Joey Veerman last summer with the midfielder going for £5 million from Dutch rivals Heerenveen. And of course Malik Tillman didn’t return to Rangers after a loan spell at Ibrox last season but has turned up at the Philips Stadium from Bayern Munich on loan. And if you throw in Jerdy Schouten who move to PSV for £10m from Bologna this summer then there is no doubt Rangers can’t match the spending power of their Euro rivals but in terms of overall cost there isn’t much to separate them. Sergino Dest has also just joined and while it's only a loan deal the option to buy is worth around £8m.

Goalkeepers

Walter Benitez (Nice, free)

Joel Drommel (Twente Enschede, £3m)

Boy Waterman (OFI Crete, free)

Defenders

Olivier Boscagli (Nice, £1.5m)

Armando Obispo (Academy)

Andre Ramalho (RB Salzburg, £2m)

Mauro Junior (Academy)

Patrick van Aanholt (loan from Galatasaray)

Frederik Oppegard (Academy)

Sergino Dest (Barcelona, loan)

Jordan Teze (Academy)

Shurandy Sambo (Academy)

Phillipp Mwene (Mainz, free transfer)

Midfielders

Ibrahim Sangare (Toulouse, £7.5m)

Jerdy Schouten (Bologna, £10m)

Joey Veerman (Heerenveen, £5m)

Guus Til (Spartak Moscow, £2.5m)

Malik Tillman