Oscar Cortes continues to impress during his loan spell in Argentina, creating a significant financial dilemma for Rangers ahead of the winter transfer window.
The Colombian winger started for Huracan in their 1-1 draw against Belgrano in the Clausura campaign, contributing to the build-up for their late equaliser before being substituted.
Huracan paid £60,000 to secure the 22-year-old on loan and hold a £1.65 million purchase option this winter.
Rangers would retain a 50 per cent sell-on clause if the deal is triggered, representing a substantial loss on the reported £4.5 million initial fee paid to secure him after an injury-plagued spell at Ibrox Stadium.
Managing Substantial Ibrox Transfer Write-Offs
Manager Derek McInnes must weigh up asset recovery against keeping the forward under contract until 2029.
The Ibrox side have already navigated tricky squad dynamics this summer, recently avoiding a major dressing room risk following a collapsed transfer.
Cortes explained his determination to make the South American switch. He said: “I did everything I could to get to Huracan; I spoke with the manager, I made the decision, and it was the best thing I could have done.”
Former boss Philippe Clement had previously insisted the winger “can have a great career at Rangers” despite his fitness struggles.
As the January deadline approaches, the board must decide whether a cut-price exit represents prudent financial recovery.
The squad roster continues to evolve, with former captain James Tavernier departing to Maccabi Tel Aviv.
Rangers next host St. Mirren in the Premiership.
