Southampton midfielder Steven Davis is edging closer to a move to Rangers, according to The Daily Record.
But the same report indicates that Davis earns £60k-per-week at Southampton.
The Saints are willing to let the Northern Ireland international leave on a free transfer but his wages are still astronomical for Rangers’ pay structure.
Even if he takes a major pay cut, Davis would still be earning too much money.
Rangers should therefore cool their interest in the veteran midfielder and start looking at alternative options.
Davis’ return to Ibrox would be a fairy-tale story, considering he spent four of his best years there between 2008 and 2012.

But Davis turns 34 tomorrow and his best years are behind him. At the right price, Davis would be a good squad addition but £60k-per-week is a sizeable expenditure.
On such high wages, do Rangers really want to commit to signing Davis up for the next two seasons?
Rangers boss Steven Gerrard has already bemoaned the fact that Rangers are struggling to afford Eduardo Herrera and Carlos Pena’s combined wages of £50k-per-week, The Scottish Sun reports.
And with Davis earning more than that combined salary on his own, Rangers need to drop their interest in the former fan favourite.
Davis would add invaluable experience but that would come at a cost. And it is one that the Gers cannot afford to spend.