Rangers completed their marquee signing of the summer in the nick of time after confirming a deal to sign Ryan Kent.
The Liverpool youngster will head back to Rangers, where he spent last season, on a four-year contract.
The Scottish side will pay £6.5million up front for the winger, with an additional £1m in instalments.
Rangers boss Steven Gerrard had made no secret of his desire to bring Kent back, after a successful loan spell last year.
The 22-year-old scored six goals and provided six assists in the Scottish Premiership last season, before heading back to Liverpool.
But after failing to crack into the team and make an impression in pre-season, Kent looked set to leave the Premier League side.
Liverpool initially demanded £12m for the youngster, effectively ending Rangers’ interest, but they were able to wear them down.
Kent becomes Rangers’ most expensive signing of the summer, after their return to the Europa League earned them a £10m windfall.
The deal was announced in the last minutes of the Scottish transfer window, which closed at midnight on Monday night.
After Rangers confirmed the deal, fans were sent into bedlam.
“Welcome home Ryan Kent welcome back to where you belong young man now let’s tear it up,” one wrote.
Another posted: “£7.5 million for the jewel in the crown. Welcome home Ryan Kent.”
One fan, confident of securing another league title, wrote: “Welcome home Ryan Kent welcome to the party. Now let’s go for #55.”
“What a feeling, what a night, welcome home Ryan Kent,” Another posted.
“Ryan Kent is home and you love to see it. Thank you and goodnight,” one tweeted.
One Rangers fan posted: “This is the type of content you love to see. Keep it up please Rangers.”