RANGERS have announced that under-16 star Billy Gilmour is set to join Chelsea this summer.
The 15-year-old, who has been a regular for the Ibrox club’s under-20s, had been tipped to get first team action this season.
He’ll sign a professional contract with the London giants when he turns 16.
The fee is thought to be around £500,000.
A statement on the Rangers website said: “The club’s preference would have been for Billy to stay at Rangers but when he made clear his desire to move to the Premier League it was important that we maximised the commercial value for him. We believe we have done this.
“The agreement will provide Rangers with a significant sum for a young player who has yet to play first-team football, and further significant amounts could be due based on milestones being reached. We are pleased with this outcome and believe this deal represents good value for Rangers.
“That he was sought after by many Premiership clubs, and indeed a number of the largest clubs in Europe, further demonstrates the quality of player now being produced by the Academy. Everyone at Rangers wishes Billy well for his future.”