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Rangers have entered active negotiations for Partizan Belgrade’s captain Vanja Dragojevic, submitting an opening bid in the range of £3.8 million to £4 million for the 20-year-old defensive midfielder. Partizan, however, values their skipper higher, at approximately £4.5 million to £4.7 million when factoring in potential sell-on clauses.
The gap between the two clubs isn’t enormous, but it’s meaningful enough that this one hasn’t crossed the finish line yet. And with Manchester United and Borussia Dortmund reportedly keeping tabs on the Serbian international, Rangers know they’re operating on a clock.
What Rangers are getting (or trying to get)
Born on January 11, 2006, Dragojevic made his senior debut during the 2024/25 season and moved quickly from promising youngster to indispensable starter. By the 2025/26 campaign, he was wearing the armband and posting 3 goals and 3 assists across 31 Serbian SuperLiga appearances. He currently holds 2 senior caps for Serbia’s national team.
Transfermarkt pegs his market value at around €8 million, which makes Rangers’ opening salvo look like a bargain-hunting expedition. Dragojevic signed a contract extension with Partizan running through June 2030, complete with a €15 million release clause established in 2025. So Partizan holds serious leverage here. They don’t need to sell, and they’re pricing accordingly.
Partizan’s management has confirmed they’re actively preparing for Dragojevic’s potential departure, even while negotiations continue.
The negotiation dynamics
The difference between Rangers’ bid and Partizan’s asking price sits somewhere in the £500,000 to £900,000 range, depending on how sell-on clauses are structured. Rangers will likely need to sweeten their offer. Partizan knows that interest from clubs like Manchester United and Borussia Dortmund, even if those links haven’t materialized into formal bids, gives them ammunition at the bargaining table.
The €15 million release clause provides a hard ceiling that nobody expects Rangers to approach. That figure was designed to protect Partizan against exactly the kind of Premier League interest that’s been swirling. For Rangers, the realistic negotiation zone remains well below that threshold, likely settling somewhere around the £4.5 million mark if the deal gets done.
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