Hull City attempted to secure the services of Nicolas Raskin but faced a setback as the player decisively rejected their offer. Despite the newly-promoted Premier League club reportedly offering a significant sum, Raskin’s camp has made it clear that he is not interested in transferring to the MKM Stadium. Reports from the Daily Record indicate that Hull was prepared to meet Rangers’ valuation but, ultimately, the proposal did not gain traction.

Nicolas Raskin knocks back Hull City as Rangers hold out for bigger fee

This leaves Hull City in a difficult position. According to TEAMtalk and the Yorkshire Post, the Tigers proposed a fee between £12m and £14m for Raskin. However, Rangers are holding out for a minimum of £20m, creating a substantial discrepancy in valuation. Although Hull has financial backing from their promotion, convincing Raskin to change his mind remains a considerable challenge. The player is aiming for elite European football, and his representatives are diligently pursuing opportunities at a higher level.

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Why the sudden rush for Raskin?

To grasp the level of ambition held by the Belgian player, one only needs to look at his impressive performance over the past year. He enjoyed a standout season, appearing in 33 Scottish Premiership matches during the 2025/26 campaign, where he scored six goals and provided seven assists. Raskin played nearly 2,800 minutes and emerged as the top-rated player in the Rangers squad with an average rating of 7.54. His efforts in the Europa League further showcased his capabilities, underscoring his significance to the team.

His rise continued with participation in the World Cup, where Raskin featured in every group stage match for Belgium. His performance during the 4-1 victory over the USA on July 4 garnered attention from various clubs. Now, several teams, including Real Betis, Atalanta, Bologna, and Tottenham Hotspur, are closely monitoring his situation, alongside interest from other established clubs in La Liga and Serie A.

What should Rangers do now?

GLASGOW, SCOTLAND – NOVEMBER 06: Nico Raskin of Rangers is seen during the UEFA Europa League 2025/26 League Phase MD4 match between Rangers FC and AS Roma at Ibrox Stadium on November 06, 2025 in Glasgow, Scotland. (Photo by Ian MacNicol/Getty Images)

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Rangers need to stand firm in their position. Allowing a 25-year-old international, fresh off a stellar season, to depart for a £14m deal with a newly promoted team would not be prudent. While Hull City is a respectable club, they do not represent the level of competition that should sway a player of Raskin’s caliber at this stage in his career.

For Rangers, the challenge lies in finding a suitable replacement. Manager Derek McInnes is navigating a careful reconstruction at Ibrox, and Raskin has been integral to the team’s midfield. Selling him without an adequate replacement could undermine the team’s structure, regardless of the financial gain.

From Raskin’s perspective, his position is entirely logical. At 25, coming off a run to the World Cup quarter-finals with offers from clubs participating in the Champions League and top European leagues, it’s clear that the Scottish Premiership was always a stepping stone. A sale above £20m to a club like Betis or Atalanta could provide Raskin the platform he desires while simultaneously offering Rangers a significant financial advantage. The club should reject Hull’s bid and wait for a more appropriate offer from a stable top-half team or a regular participant in European competition. Anything less would not reflect the value of a player who earned his place in the national squad and could command a higher fee as the transfer deadline approaches.