Ajax have officially announced the signing of Calvin Bassey from Rangers on a five-year contract.

The center-back has penned a deal that will earn him a pay rise on his Rangers contract.

With add-ons included, the fee for Bassey could rise to £22.7 million.

Such a figure means that it is the largest sale involving a Scottish club.

Bassey has put pen to paper on a deal with Ajax that will take him to 2027.

Rangers have also secured a ten percent sell-on fee within the agreement.

"Rangers Football Club can confirm Calvin Bassey has joined Ajax in a deal which is the largest in Rangers' history," a club statement read.

"Calvin leaves with best wishes from everyone at Rangers and we thank him for his hard work and commitment over the past two seasons.

"The 22-year-old joined Rangers from Leicester City for a Training Compensation Fee in the summer of 2020, making 65 appearances for the Light Blues.

"Bassey played his part in Rangers' historic 55th league title victory, won the 2022 Scottish Cup, while also having a huge role in the incredible UEFA Europa League run to the final in Seville last season.

"We wish Calvin all the best for his future career."