Glasgow Rangers are reportedly now looking to secure a bumper new deal for Alex Lowry as early as next week.

The Lowdown: Offer rejected

Lowry actually rejected an initial contract offer from the Ibrox faithful back in February, as his current deal expires in 2023.

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It has been reported that Premier League clubs Newcastle United and Manchester City are interested in signing Lowry in the summer, should contract talks continue to stall, but recent news has been more positive, with Alan Hutton delighted to hear Lowry could now stay put.

The Latest: Breakthrough

As per The Scottish Sun, there seems to have been a breakthrough in talks, as Giovanni van Bronckhorst's team are now hoping to tie Lowry down to a new deal next week.

More discussions have been pencilled in with his representatives, as the club are desperate to keep him and fend off interest from the English top flight.

However, Lowry and his camp would prefer to wait until later in the month before making their final decision.

The Verdict: More good news

After reaching the UEFA Europa League final with a 3-1 win at home to RB Leipzig on Thursday night, it seems as if more good news has emerged with regards to Lowry's contract.

A player who has made four senior appearances for the Teddy Bears this season at just 18 years of age, Lowry is highly thought of at the club, as former boss Graeme Murty even went as far as to call him ‘remarkable‘.

Nonetheless, it is important that the Light Blues keep their young talents as they look to build for the future, hopefully adding a Europa League trophy to their legacy.

In other news, find out which 'absolute legend' Andrew Dickson hailed against Leipzig here!