Tottenham paid Rangers £9m in 2008 and the Scotland international right-back, who later moved on to Real Mallorca and Aston Villa, reluctantly left Ibrox for a fee which swelled the bank balance and set a new club record.
The standard bearer stood for a long time – until another right-back moved in early 2022 and Nathan Patterson followed Hutton’s path to the English Premier League.
Since then though the record has been beaten again – inside six months – and again by a defender as Calvin Bassey joined Ajax in a Rangers record this week.
Hutton’s Tottenham deal was also dwarfed by another EPL transfer this summer, Joe Aribo moving the defender further down the most valuable sales list while Rangers’ bank balance continues to rise.
Here is a look at the updated top ten for 2022 – which no longer includes Duncan Ferguson, Nikica Jelavic or Claudio Reyna’s moves south – but does, of course, still include the Rangers manager.

. Rangers' Italian-born English defender Calvin Bassey attends a team training session at the Rangers Training Centre in Glasgow on May 12, 2022, ahead of their Europa League final football match against Eintracht Frankfurt on May 18th. (Photo by ANDY BUCHANAN / AFP) (Photo by ANDY BUCHANAN/AFP via Getty Images)
Calvin Bassey set a new Rangers record with a huge deal taking him from Scotland to Ajax. (Photo by ANDY BUCHANAN/AFP via Getty Images) Photo: ANDY BUCHANAN



6. Jean-Alain Boumsong
Sold to Newcastle Utd, January 2005 Fee: £8m Photo: Laurence Griffiths

7. Carlos Cuellar
Sold to Aston Villa - August 2008 Fee: £7.8m Photo: SNS Group Alan Harvey

8. Barry Ferguson
Sold to Blackburn Rovers - August 2003 Fee: £7.5m Photo: SNS Group Craig Williamson