The Blues signed the midfielder on loan back in January, when it was announced that he would be leaving boyhood club Sunderland at the end of his contract this summer.
Neil made eight starts and eight cameo appearances for Town, helping them secure promotion back to the Premier League at the first time of asking.
But it didn't lead to a permanent move to Portman Road, with a number of clubs circling the 24-year-old, who was available as a free transfer.
Reports suggested that Southampton were in advanced talks to sign Neil, but he's ended up joining Rangers instead. It's understood that the Glasgow club tried to get him in January, but ended up losing to Ipswich.
He signs a three-year deal at Ibrox, joining fellow ex-Blue Ben Godfrey, who joined the club on loan earlier this week.
Neil said : âIt is a new chapter for myself, and I am really excited to be signing for Rangers. Iâm really looking forward to what the next few years can bring.
âI have played for Sunderland for a number of years and the weight and expectation of the fans to win every week and the feeling of it making or breaking peopleâs weekends is something that drives me.
âIâve spoken to many people who have been here, and they said it's a very similar feeling, and as a character and a person that really drives me to give 110 per cent day in and day out, and I need that in my career.â
Rangers are under new management following the departure of Danny Rohl to RB Salzburg, with Hearts boss Derek McInness taking over last month.
Neil made eight starts and eight cameo appearances for Town, helping them secure promotion back to the Premier League at the first time of asking.
But it didn't lead to a permanent move to Portman Road, with a number of clubs circling the 24-year-old, who was available as a free transfer.
Reports suggested that Southampton were in advanced talks to sign Neil, but he's ended up joining Rangers instead. It's understood that the Glasgow club tried to get him in January, but ended up losing to Ipswich.
He signs a three-year deal at Ibrox, joining fellow ex-Blue Ben Godfrey, who joined the club on loan earlier this week.
Neil said : âIt is a new chapter for myself, and I am really excited to be signing for Rangers. Iâm really looking forward to what the next few years can bring.
âI have played for Sunderland for a number of years and the weight and expectation of the fans to win every week and the feeling of it making or breaking peopleâs weekends is something that drives me.
âIâve spoken to many people who have been here, and they said it's a very similar feeling, and as a character and a person that really drives me to give 110 per cent day in and day out, and I need that in my career.â
Rangers are under new management following the departure of Danny Rohl to RB Salzburg, with Hearts boss Derek McInness taking over last month.