Rangers FC have successfully negotiated the acquisition of forward Kevin Kelsy from Major League Soccer side Portland Timbers. According to reports, the deal is valued at $13 million (£9.5 million), with the potential for that figure to increase based on the player meeting specific performance benchmarks. The agreement also includes a sell-on fee, ensuring the Portland Timbers will receive a percentage of any future transfer involving the Venezuelan striker.

Kevin Kelsy’s move to the Scottish Premiership side follows his brief tenure with Portland, who had acquired him from the Ukrainian club Shakhtar Donetsk only last January for a reported fee of $6 million. The rapid turnaround in Kelsy’s market value—moving from a $6 million acquisition to a $13 million sale within a year—highlights the significant profit margin realized by the Timbers in this transaction. While the financial structure of the deal has been widely reported, specific details regarding the length of Kelsy’s contract with Rangers have not yet been disclosed by either club. The transfer marks a significant investment for Rangers as they look to bolster their attacking options for the upcoming season.