Cash will be there for Russell

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said: "I think it's very public knowledge about the primary investment coming in. Obviously, that's going to be approved.

"It's going to be put up for approval on the 23rd of June at the EGM. So we're in discussions and have been in discussions with the new ownership about how best to utilise that investment.

"Player trading is a key part of the club's model going forward. So a decent portion will be allocated towards player trading, but we're not going to get into specific amounts just now."

It's been a busy week for the Ibrox hierarchy.

Friday's takeover was followed on Monday by the news that new sporting director Kevin Thelwell had officially taken up his post.