Rangers Accept £800k Fee from Southampton for Steve Davis

St Mary’s side cough up for Ibrox midfielder.

Rangers have confirmed an undisclosed fee has been agreed with Southampton to allow midfielder Steven Davis to finalise his move to St Mary’s.

Davis agreed a three-year contract with the Premier League new boys earlier this month and was hoping to join Saints for free after refusing to transfer his contract to the newco Rangers.

However, a bid reported to be worth £800,000 has now been accepted by Rangers and chief executive Charles Green is pleased with the outcome.

Green told Rangers’ official website: “I am delighted that we have agreed terms over the transfer of Steven Davis.

“Southampton have acted in good faith during the process. We wish them every success and they have signed a player who will undoubtedly make a great contribution to their club – just as he did at Ibrox.”

SOURCE: Sky Sports

Davis became the latest in an ever growing line of players to leave Ibrox this summer as the talented midfielder signed a three year deal with Southampton and returns to the English top tier where he previously plied his trade with Aston Villa and Fulham.

Rangers had be looking for compensation from the loss of players who had opted to not sign ‘newco’ contracts but the players themselves had been informed by SPL PFA lawyers that they were free to leave as free agents.

The 27 year old Northern Irish international follows Kyle Lafferty, Jamie Ness and Danny Whittaker who all recently refused to sign ‘newco’ contracts and were then able to move on free transfers.

Davis made over 200 appearances for the Glasgow side over five season, winning three SPL titles in the process.

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