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Oscar Cortes Rangers transfer fee revealed as obligation to buy inserted in loan

Rangers will pay £4million when they make the signing of Oscar Cortes permanent next year, it is being reported.

The Ibrox side yesterday announced the Colombian winger was back on loan, this time for the season, after initially bringing him in from Lens in January. His stint was wrecked when injury ruled him out for the campaign but he had shown enough in his early games to suggest he was worth another look.

It was confirmed that the loan will become permanent next summer with an obligation to buy, rather than an option, inserted into the deal. And the Daily Record are now reporting that the fee involved in that next summer will be £4m.

Speaking to the club website yesterday, manager Philippe Clement said: "I am really pleased to have Oscar coming back. He was a big asset to the squad when he came to the club and showed the qualities that attracted him to us.

"Oscar suffered a setback but he has worked tirelessly during his recovery. I'm sure all of the fans are looking forward to seeing him again."

Cortes said: "I'm delighted to be able to stay at Rangers. It was an honour and a privilege to join the club in January. Sadly, the injury ended my season early but I have been working hard. I'm excited to help the team and play in front of the wonderful fans again soon."