STUART GIBSON admits Rangers must 'figure out a way' to boost the funds boss Michael Beale will be given to rebuild the Ibrox squad this summer.
Beale made his first moves in the transfer market during the January transfer window as Todd Cantwell and Nicolas Raskin signed long-term deals in Glasgow.
The 42-year-old caused a stir when he stated that Celtic counterpart Ange Postecoglou was a 'lucky man' given the budget that he has had to spend to make his mark at Parkhead.
Rangers are now 'financially sustainable' in the eyes of Gibson, the third largest shareholder, following years of spending to accumulate to close the Old Firm gap.
But the Japan-based investor - who this week defended the roles of Ross Wilson and executives Stewart Robertson and James Bisgrove - knows more work must be done to regain top spot in Scotland and the Premiership title.
Speaking in part two of an interview with podcast This Is Ibrox, Gibson said: “In terms of where they’re at now, and where they’re supposed to be when I first had the initial conversation, I think they’ve achieved it.
"They’re sustainable now. But we’re second in the league. We’re nine points behind Celtic and that’s just not acceptable.
READ MORE: Michael Beale reveals timeframe for Ryan Kent Rangers deal talks
“That’s something we need to fix. As our new manager said recently and he got into a bit of trouble: ‘The Celtic manager has been lucky he had such vast sums at his disposal’.
"That’s good for them but they basically had no one to beat for ten years. They should have accrued that wealth anyway.
"We’d have accrued that same wealth had we been in that position but again we’re behind Celtic so we still have to have more money to be able to go into the transfer market, I think in a bigger way.
“I think we probably need a handful of players to be honest during the summer and they’ll probably cost more than £1m or £2m a time so we do need to figure out a way to actually increase that pool of money that is available for the Director of Football.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here