According to the Daily Record, Rangers have failed in a £100,000 move to sign Hibernian midfielder Scott Allan - but will immediately return with an improved offer.
Rangers wrapped up their seventh signing of the summer on Wednesday, with midfielder Jason Holt arriving on a permanent deal after an impressive trial period.
Holt joins Wes Foderingham, James Tavernier, Rob Kiernan, Danny Wilson, Andy Halliday and Martyn Waghorn in signing for Mark Warburton's Rangers - but the new manager isn't done yet.
The Daily Record report that Rangers have seen a £100,000 bid for Hibernian star Scott Allan rejected, with Scottish Championship rivals Hibs reluctant to sell their midfield maestro.
However, the report also states that Rangers will immediately submit an increased bid, such is their desperation to bring the 23-year-old to Ibrox this summer.
Can Rangers land Allan?
The former West Brom man was vital as Allan Stubbs led Hibs to the play-offs last season, only to lose to Rangers - and now, Warburton is looking to take his rival's best player away.
Hibs will obviously not want to weaken themselves and strengthen a rival in the process, but they are left in a vulnerable position by the fact that Allan's contract at Easter Road expires in a year's time.
Rather than lose him for nothing in 2016, Hibs may be tempted to sell him now - but Rangers will certainly have to increase that £100,000, which is nowhere near enough to get Hibs to part with their key player.