According to The Sun, Rangers have held talks with Valencia coach Ian Cathro this week over becoming the new manager at Ibrox.
Rangers lost 6-1 on aggregate to Motherwell in the Scottish Premiership play-off final last month, meaning they must now spend at least one more season in the Scottish Championship.
Manager Stuart McCall could now lose his job - despite only arriving in March. The 50-year-old was only handed a contract until the end of the season, with Rangers hoping he would win them promotion through the play-offs.
Having failed, McCall now faces the possibility of being replaced, with a host of managers now linked with the job - and The Sun believe talks have already been held with Valencia coach Cathro over becoming the new manager at Ibrox this summer.
Cathro, 28, has a remarkable back story which has seen him rise as a coach at such a young age, and is now assisting Portuguese manager Nuno at Valencia having worked together previously at Rio Ave.
Cathro is only young but will no doubt fancy managing on his own at some stage - and Rangers want that to be immediately having allegedly opened negotiations with Cathro this week.
Given Cathro's youth in terms of coaching, some may see this move as a shock but the former Dundee United coach has such a growing reputation that Rangers may think they can land their manager for now and the future by hiring Cathro.