Rangers have made contact with Italian club Bologna in an attempt to bring Scottish international Lewis Ferguson back to Scottish football this summer.
However, the Rossoblu have made their position crystal clear, warning that it will take a major bid before they even consider allowing the midfielder to leave.
Ibrox sources have openly admitted that securing Ferguson’s signature will represent a significant challenge for the club given the figures being discussed.
Ferguson has attracted strong interest from Serie A clubs including Roma and Atalanta, with transfer fees being quoted in the region of £17 million.
Whether Rangers can realistically compete with that level of financial muscle remains a serious question hanging over any potential deal.
One pathway to funding a move could involve selling Belgian midfielder Nico Raskin or Mohamed Diomande, which would free up significant transfer funds.
The Italian press have claimed that Rangers have already opened talks directly with Ferguson, suggesting the club is serious about pursuing the deal.
Ferguson shares a strong connection with Rangers boss Derek McInnes, who signed him from Hamilton and helped launch his professional career at Aberdeen.
The 26-year-old has developed into a pivotal figure at Bologna, earning the captaincy and leading the club to Italian Cup glory in 2025.
Bologna clearly value him enormously and will not entertain anything less than a premium transfer fee for one of their most important players.
Rangers have already shown ambition in the summer transfer window, snapping up Ferguson’s former Aberdeen teammate Ross McCrorie ahead of the new season.
The club has also added Lawrence Shankland, Ivor Pandur, and Dan Neil to their squad as McInnes continues to reshape the Ibrox roster.
Ferguson’s potential arrival would represent a major statement of intent from Rangers, though landing him from a club this determined to keep him will test every resource available.
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