Glasgow Rangers are set to settle for a fee between £12m and £15m for Alfredo Morelos as a late-window sale becomes increasingly likely, according to Football Insider.

The Colombia international was thought to be close to a move to Lille, with the two parties reportedly agreeing personal terms.

However, their interest has diminished following the capture of Jonathan David, and it now seems that a deal could be done later on in the window. As such, the Ibrox outfit may be willing to settle for a fee below what they were previously asking for.

There was a time when the 54-time Scottish champions' asking price was said to be at £20m, but the figure continues to decrease as time goes by. A fee of £12m would be someway off what they were originally looking for, and it would be a blow to the club to lose him for such a fee - given he has a record of 79 goals in 141 matches for the club, and with a Transfermarkt value of £13.5m, he is surely worth more than that.

Worryingly, it seems that the Gers are panicking, and may be concerned that he does not leave at all. Indeed according to the report from Football Insider the Ibrox club need to make a big sale to balance their books, otherwise they risk a financial black hole.

The double signing of Cedric Itten and Kemar Roofe indicates that Steven Gerrard is prepared for the eventuality that Morelos does depart, but of course the boss will not be too eager to lose his star player. Quite frankly, unless the 24-year-old makes the situation difficult and demands to leave, they may be better off waiting another year and making a real tilt at the Premiership title rather than underselling themselves.

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