The £12m recruit dwarfed previous payments by a considerable margin, doubling the existing record set in the summer of Chris Sutton’s move to Celtic.
And he smashed Rangers’ previous record signings and cost more than Andrei Kanchelskis and Giovanni van Bronckhorst combined.
Now, 20 years since the Norwegian’s arrival, his record still stands in Scotland and at Ibrox.
Here we look back Rangers’ reported largest fees paid.

. Rangers manager Dick Advocaat unveils his new £12million striker Tore Andre Flo.
Rangers manager Dick Advocaat unveils his new £12million striker Tore Andre Flo. Photo: SNS Group 0141 221 3602

. Tore Andre Flo - £12m
Signed - Nov 2000 Games - 72 Goals - 38 Photo: SNS Group 0141 221 3602


. Michael Ball - £6.5m
Signed - Aug 2001 Games - 76 Goals - 2 Photo: SNS Group Jeff Holmes

. Mikel Arteta - £5.8m
Signed - Jul 2002 Games - 68 Goals - 14 Photo: SNS Group Alan Harvey


1. Tore Andre Flo - £12m
Signed - Nov 2000 Games - 72 Goals - 38 Photo: SNS Group 0141 221 3602


3. Michael Ball - £6.5m
Signed - Aug 2001 Games - 76 Goals - 2 Photo: SNS Group Jeff Holmes

4. Mikel Arteta - £5.8m
Signed - Jul 2002 Games - 68 Goals - 14 Photo: SNS Group Alan Harvey