According to The Scottish Sun, Hibernian would want £1m from Rangers for striker Jason Cummings, whilst Norwich City would want around £1.5m for midfielder Graham Dorrans.
The Gers will be busy in the transfer market this summer having secured promotion to the Scottish Premiership, and have already made a number of moves.
Accrington duo Matt Crooks and Josh Windass have signed pre-contract agreements to join Rangers later this summer, whilst Liverpool's teenage midfielder Jordan Rossiter will do the same having signed with the Gers on Friday evening.
Yesterday, The Sunday Post reported that Rangers are also hoping to make two ambitious moves, with Norwich City midfielder Graham Dorrans and Hibernian striker Jason Cummings wanted by Gers manager Mark Warburton.
Now though, The Scottish Sun report that whilst Rangers want both players, they may have to pay up to £2.5m to secure their signatures this summer.
Firstly, striker Cummings - who has smashed a stunning 46 goals in the last two seasons for Hibernian - has just one year left on his contract at Easter Road, and having missed out on promotion, it will be hard for Hibs to keep him in Edinburgh.
It's now suggested that 20-year-old goal machine Cummings would be available for £1m if Rangers do make a move for him, having watched him score against the Gers four times this season.
Meanwhile, midfielder Dorrans has been in and out of the Norwich side this season, and could be tempted to make the move to Ibrox given that the Glasgow-born star is a boyhood Rangers fan.
Dorrans, 29, has 12 Scotland caps to his name and would add real quality to the Rangers midfield, but the report suggests that Norwich would demand at least £1.5m for his signature, meaning Warburton and co would have to part with around £2.5m to land both Cummings and Dorrans; huge money for a club looking for calculated transfer deals this summer.
Would you like to see Rangers splash £2.5m on Cummings and Dorrans?