Andrew Cavenagh digs heels in as Rangers price tag stance on Youssef Chermiti emerges

Rangers are standing their ground amid Galatasaray's interest in Youssef Chermiti.

The Gers forked out around £9million to sign the Portuguese striker from Everton last summer.

After a difficult start to life at Ibrox, Chermiti found his feet and finished the campaign with 15 Scottish Premiership goals.

He has been the subject of intense summer interest, with Turkish Super Lig giants Gala, and Ligue 1 outfit Lyon chief among his suitors.

Rangers have been reluctant to go to the negotiating table thus far, and had been counting on Chermiti being part of the squad.

Now, a new report has shared where they stand on a price tag and how owner Andrew Cavenagh feels about the situation.

How much would Rangers want for Youssef Chermiti?

Rangers rejected what would have been a record £22m offer from Gala for Chermiti.

The situation became a little more complicated when Chermiti was injure during the Gers' disappointing 2-1 defeat to Hibernian at Ibrox.

Rangers are playing a waiting game to find out the extent of that injury, but boss Derek McInnes confirmed a bid had been rejected when speaking to the media after the game.

Andy Newport reported for the Daily Record that Rangers are bracing themselves for a second offer for Chermiti.

He said that while reports in Turkey had suggested Rangers were holding out for £30m, sources had suggested there was no set price tag for Chermiti.

Cavenagh, Newport said, is of the belief Rangers can make a substantial profit on Chermiti and is "digging his heels in".

As such, Chermiti will not be granted permission to discuss personal terms until Cavenagh feels they have got a fair deal.

Are Rangers right to take this stance with Youssef Chermiti?

The Chermiti situation is a bit of a catch 22 for Rangers.

On the one hand, it is natural the Gers do not want to lose one of their top assets, especially at a time where they are still trying to overhaul Celtic's dominance of the Scottish Premiership.

But, on the other, Rangers have been notoriously poor at player trading in the past, losing out on big cash by holding onto assets too long.

It does feel Rangers can still get more out of Chermiti, though, so you can understand the reluctance to sell at this juncture.

However, if the bids do start reaching the £30m mark then maybe, just maybe the stance on Chermiti not being for sale will have to soften.