DAVE KING has confirmed that Mark Warburton will have funds to spend in January to strengthen his squad.

The Rangers chairman spoke exclusively to RangersTV after this morning’s AGM and admitted he would expect ‘some’ transfer activity in the new year.

When asked if Warburton would have a budget to bolster his playing staff in 2017, he replied: “He does have – the view we have taken with Mark is that he must continue to look at his squad.

“I think he will admit certainly the summer transfer spending wasn’t as successful as it was the previous season.

“I know the standard is higher, but some of the players he has brought in – Joey Barton being a great example, he tied up a lot of wages but he didn’t perform for the manager.

“The manager then has to recycle that, and I think he has to keep looking, see what players are working in his squad, see what ones he may want to move on and which ones he might want to bring in.

“So I would expect some activity in January.”

King believes there was enough investment in the squad in the summer as the club prepared for their first season back in the top flight.

He added: “Oh yes, but if you look at the level of investment we have made on some of the players – Joey Barton who, for different reasons, didn’t make much of a contribution and tied up a big part of our budget, and Niko Kranjcar who is injured.

“So some of our players who Mark has brought in to give that balance of youth and experience haven’t worked out for various reasons.”

On potential January transfer targets the chairman added: “Mark is working on that, and it’s not something he will deal with me directly on.

“He works with the footballing board on that, and certainly some names have come up, but I know that Mark is working on a plan for January and I think there are quite a number of options he is looking at.”

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