Rangers are set to announce the imminent signing of striker Jermain Defoe on a permanent basis, according to Football Insider.

The outlet claims that Steven Gerrard’s side have been working hard to convert the 37-year-old’s loan deal into a permanent one.

They have now agreed personal terms with the former England international, and he has decided to cut ties with parent club Bournemouth.

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The veteran attacker looks set to commit himself to the Ibrox side until 2021, which will likely signal the end of his storied career.

Cherries boss Eddie Howe has had the option to recall Defoe in both of the last two transfer windows, but hasn’t elected to do so, and now he’s clearly agreed to part with the Englishman permanently.

How big of a deal is this for Rangers?

This is fantastic news for the Glasgow giants, make no mistake about that. It’s always hard to have a quality striker to serve as second fiddle behind your main goalscorer, and Gers have that in Defoe.

Alfredo Morelos is obviously the main man at Ibrox, but Defoe has still managed an excellent 16 goals in 28 games in all competitions this season.

It was important to get Defoe’s future sorted as soon as possible, and Gerrard and co. clearly moved quickly to do so this window. Now, it seems that they’ve got their man.

In other Rangers news, a Gers transfer target reportedly phoned the club personally to inform them that he wouldn’t be joining them.

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