Rangers have confirmed the departure of one of their top youth prospects, Billy Gilmour, to English league leaders Chelsea.
The 15-year-old midfielder, who rejected a new contract with the Ibrox side, will sign a professional contract with Chelsea when he turns 16 after the two clubs agreed a ‘significant fee’.
A statement on the official Rangers website, read: “Rangers can confirm that agreement has been reached for our under-16 player Billy Gilmour to join Chelsea in the summer.
“The club’s preference would have been for Billy to stay at Rangers but when he made clear his desire to move to the Premier League it was important that we maximised the commercial value for him. We believe we have done this.
“The agreement will provide Rangers with a significant sum for a young player who has yet to play first-team football, and further significant amounts could be due based on milestones being reached. We are pleased with this outcome and believe this deal represents good value for Rangers.
“That he was sought after by many Premiership clubs, and indeed a number of the largest clubs in Europe, further demonstrates the quality of player now being produced by the Academy. Everyone at Rangers wishes Billy well for his future.”
Chelsea were one of a number of clubs that were interested in the midfielder’s signature, but he has now followed former Celtic youngster Islam Feruz to the glitz and glamour of London.