With the player in great demand from Premier League, La Liga and Serie A clubs, we have been able to negotiate a top dollar package from the Hoops.
ClaretandHugh understands that Rangers have agreed to pay the whole of Zarate’s £40k a week wages over the six months he will be at the club and the Hammers have also agreed a loan fee in addition.
That is believed to be in or around £500,000 with the deal being boosted by late interest from Crystal Palace manager Alan Pardew.
A Hammers source said: “The deal is done and both sides are happy. It should be an interesting six months for Rangers and us.”