Could Craig Sibbald become an early target if Mark Warburton lands the Nottingham Forest job, having been linked with him as Rangers manager - but could his old rivals Celtic throw a spanner in the works?
Falkirk's Craig Sibbald celebrates victory
The Sun subsequently reported that Warburton could still be offered the Forest job, with the club only having an interim manager in place at present.
If Warburton did land the gig, there is one player who could emerge as a top transfer target, having been on the radar of both Forest and Rangers in the past month.
The Daily Record reported in early January that both Forest and Rangers were showing an interest in Craig Sibbald of Falkirk and had each sent scouts to check him out in action.
Sibbald, 21, has impressed with his performances for Falkirk this campaign, proving to be a goal threat from midfield.
He has struck seven goals in 24 appearances in Scotland's second tier, and most intriguingly of all, he is out contract this summer.
The midfielder is a Scotland youth international who would represent a bargain on a free, but Warburton's old Rangers rivals Celtic could throw a spanner in the works, as could the Gers.
The Daily Record's report claimed Celtic were also showing interest in the midfielder, and with Champions League football on offer, they could trump what Forest can offer. It would be up to Warburton to sell that he can offer Sibbald a greater shot at first team football.
Rangers manager Mark Warburton (R) and Hibernian manager Alan Stubbs