The £12m recruit dwarfed previous payments by a considerable margin, doubling the existing record set in the summer of Chris Sutton’s move to Celtic.
And he smashed Rangers’ previous record signings and cost more than Andrei Kanchelskis and Giovanni van Bronckhorst combined.
Now, 20 years since the Norwegian’s arrival, his record still stands in Scotland and at Ibrox.
Here we look back Rangers’ reported largest fees paid.
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