A select round-up of the latest news involving Mark Warburton's Glasgow Rangers and Brendan Rodgers' Hoops.
The Hoops could make their latest offer, believed to be in excess of £3m, as early as Monday, the Record adds, as they look to strengthen their options ahead of the new season.
Celtic's Stefan Johansen
The Record is also claiming that while the Bhoys are hoping to bring one player in, they may be on the verge of letting one player move on.
Galatasaray are reportedly preparing a bid for Stefan Johansen, who has missed the last two games due to the birth of his child.
The midfielder has reportedly been on the radar of both Arsenal and Espanyol in recent times, but he has moved to rubbish any exit talks.
"I don't think of talk of other clubs. I'm really happy here. Celtic are a big club, and it's a big honour for me to be part of this club. As long as I'm here I will try to do my best and hopefully I will stay for many years," he told The Scottish Sun.
Rangers' Kenny Miller
Meanwhile, Rangers forward Kenny Miller has conceded that their Old Firm foes have a bigger squad, but insisted that the Gers are more than content with their team ahead of the new campaign, The Scottish Sun reports.
"There's no doubt Celtic have got a far bigger squad than us," he told The Scottish Sun.
"But we're happy with the players we've got within our group."
Rangers' Danny Wilson
The former Queens Park Rangers man arrived earlier in the window and Ferguson has tipped him to do more than just be an option for Mark Warburton's line-up.
"There is no doubting his qualities as a footballer but working day in day out with Davie Weir and Clint Hill will make him a better defender," he told the Record.
"I have an awful lot of time for him and still speak to him. I think Rangers have a real asset there," he told the Evening Times.