Dave King shares why he's unhappy with Caixinha, claims he had two January transfer targets

Manager of Rangers Chairman Dave King before the Betfred Cup Semi Final at Hampden Park on October 22, 2017 in Glasgow, Scotland.

Rangers ended Pedro Caixinha's time at Ibrox last month.

Manager of Rangers Chairman Dave King before the Betfred Cup Semi Final at Hampden Park on October 22, 2017 in Glasgow, Scotland.

Rangers chairman Dave King has told the club's official website that he is unhappy with the amount of money Pedro Caixinha spent to bring in new signings over the summer.

The Gers brought in Caixinha as their new manager in March, and subsequently backed him with a raft of summer signings to strengthen his squad at Ibrox.

Caixinha was able to bring in Bruno Alves, Fabio Cardoso, Declan John, Ryan Jack, Graham Dorrans, Carlos Pena, Aaron Nemane, Daniel Candeias, Dalcio, Alfredo Morelos and Eduardo Herrera – but it counted for nothing.

Rangers manager Pedro Caixinha is seen prior to the Betfred League Cup Quarter Final at Firhill Stadium on September 19, 2017 in Glasgow, Scotland.

Caixinha was sacked in October after a disappointing seven-month spell in charge, and the Gers are on the hunt for a new manager – though it has taken more than a month so far.

Ahead of finding a new boss, Rangers chairman Dave King has told the club's official website that he will continue to back his managers, even though he is 'not happy' with the amount of money spent on backing Caixinha.

King noted that Caixinha wanted two players in January had he kept his job, and the Rangers chief feels it is an 'awkward time' given that the new manager will have to work with many of Caixinha's signings.

Rangers majority share holder Dave King is seen during the  Betfred League Cup Semi Final between Rangers and Motherwell at Hampden Park on October 22, 2017 in Glasgow, Scotland.

“It doesn’t diminish for January because our plan has always been to spend significantly in the summers and then to top up in January depending on where we are,” said King. “That hasn’t changed, even if Pedro was in place I was aware he had two specific targets for this window. I guess it will take the new manager a couple of weeks to come in, assess the squad and see what he feels he needs and the level of rotation. I am not happy in retrospect in the sense that we spent in accordance with Pedro’s wishes and Pedro’s requirements.”

“He felt very strongly that there were certain key positions that he wanted in place and certain key players. He was happy to spend quite a big bit of his budget on these players as well but that was based on how Pedro saw himself running the team for the next year and how he saw himself closing the gap against Celtic. Pedro is obviously not still here and then we have a squad which was chosen for a certain purpose that of course might not be what the incoming manager wants. It is an awkward time for everybody at the club because we have to wait until the new manager comes in and he looks at the squad and it may be that he likes some of what he sees but it also may be that he would like to do some rotations,” he added.

Fans may be wondering just who Caixinha wanted to bring in during the January transfer window, but given failed bids for Aberdeen midfielder Kenny McLean and Hearts winger Jamie Walker over the summer, logic would suggest that both Scots – who are out of contract at the end of the season – were still on Caixinha's wish list, and Rangers should still be considering moves for both players if available for free either on pre-contract deals or at the end of the season.

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