Rangers have received a club record transfer fee with the sale of Nathan Patterson to Everton.
The Scotland right back sealed his move to the Goodison Park club on Tuesday following a medical.
Patterson, who progressed from Rangers’ academy, made a total of 25 first team appearances during his time at Ibrox.
The 20-year-old also played last season in two Old Firm matches and nine Europa League games, where he scored against Royal Antwerp in the last-32 stage of the competition.
Everton are believed to have paid Rangers a sum of £12m plus £4m in add-ons for Patterson, who has signed a deal until the end of June, 2027.
Having put pen to paper with the Toffees, Patterson said he is “delighted” to be at the club.
“I’m over the moon to sign for Everton and looking forward to getting started,” Patterson told evertontv.
“It was an easy choice to sign. This is a massive club with huge history and the fanbase is tremendous.
“Obviously we aren’t in the place where we want to be right now but we can definitely get there with the talent in the changing room and staff here, and I have full belief we can do that.
“It is really exciting to come to a club that has huge talent in the team. I am going to work my socks off and hopefully I can do well with them in training and in games.”
Patterson also highlighted the importance of manager Rafa Benitez in choosing to join Everton.
“It was also great for me knowing the manager really wanted me here and that made my decision. When a club really wants you, it makes your mind up early on,” he said.
“I wanted to come here from the very start. I’m delighted to be here and really looking forward to playing in front of the fans at Goodison.
“Long-term, I want to nail down a starting position and win some trophies to make the fans proud.”
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