Celtic and Rangers make major transfer moves as £8.5m deals for World Cup star and winger pursued

Old Firm spending set to soar past £50m in current transfer windowCeltic and Rangers are closing in on further big-money signings as the summer spending spree at both clubs continues.The combined outlay of the Old Firm so far during this transfer window is around £45million, a figure which is set to rise amid reports of significant impending outlay on further new additions.Celtic have already…