RANGERS have released midfielder Niko Kranjcar by mutual consent.

The Croatian was signed by Mark Warburton in the summer of 2016 but suffered a cruciate knee ligament injury during his first campaign at Ibrox.

His game time has been limited this term and he made the last of his 26 appearances for the Gers against Fraserburgh in January.

Read more: Ibrox has been anything but home sweet home for Rangers this season

Kranjcar said: “Myself and Rangers Football Club have come to a mutual agreement to terminate our common contract. 

"It’s been an honour to have been part of such a big club and to have played for such great fans, it will always remain an honour for me. I wish the club success in its future while I now consider the options I have on the table.”