Rangers have signed Emmanuel Fernandez from Peterborough on a four-year deal.
It’s understood Rangers and Peterborough agreed a deal of £3.5m with add-ons for the centre-back.
The 23-year-old defender is Rangers' second signing of the day after Joe Rothwell's arrival from Bournemouth was announced earlier on Wednesday.
Fernandez, who made 42 appearances for Peterborough in League One last season, said: “I am honoured, it is a huge club with a great fanbase and I think I can kickstart my career and have a good journey here.
“I was shocked when I heard about Rangers because it is such a big club but it was the place I wanted to be.
“I haven’t played at this level, there will be a lot of life changes for me, but it is something I want to be part of and I can’t wait to get started.”
Head coach Russell Martin said: “Emmanuel is a young defender with a huge amount of potential, and I am excited to welcome him to the club.
“He has a strong physical presence, is a commanding defender and I believe in this environment we can help him develop and provide him with the opportunities to take his game to the next level.
“I’m looking forward to welcoming him into the group and getting to work.”
