Rangers say they have rejected an offer to take £20m worth of talent on free transfers, from an unnamed Bundesliga club, because they would did not want to increase the club’s wage bill.

Clubs throughout Europe are looking to cut costs, and the Ibrox club say they were approached by a leading German side looking to offload a quartet of players for free.

Ibrox director of football business Martin Bain said: ‘A German club offered us four players that originally cost them roughly œ20million just to take their wages off.

‘But the wages were large and needless to say we have not brought them on board.

‘They paid œ20million less than two years ago and were offered to us for nothing.’

However, Rangers, along with many other clubs are in no position to

Chairman John McClelland revealed: ‘We are offered players every single day. We get five or six a week.

‘A lot of them have been offered from Italy and some from the Premiership.’