The 'outrageous' bid Rangers will now need to make for Fares Ghedjemis transfer

Rangers will need to make a massive statement to sign Frosinone winger Fares Ghedjemis this transfer window.

The Gers have identified the Algeria international as a target to bolster their wide areas under Derek McInnes.

Last season, the 23-year-old scored 15 league goals to help the Italian club win promotion to Serie A.

Ghedjemis is now wanted at Ibrox, with Frosinone already rejecting an offer from Glasgow.

Celtic have also been linked with a move for the attacker in recent weeks.

What's clear is that the newly promoted team value the forward very highly and it isn't going to be easy to pry him away from PSC Arena.

Difference between Rangers bid and Frosinone valuation of Fares Ghedjemis

AS Monaco have tabled a bid for Ghedjemis, after Frosinone turned down the Gers' £8.5million offer.

The Ligue 1 side haven't found much success in their negotiations with the Italian club either.

According to Tuttomercatoweb, the team from Lazio are determined to keep the Algerian winger unless someone makes an "outrageous" proposal.

Frosinone will only sell Ghedjemis if they receive a "significant" offer worth £17.1m.

There's a difference of £8.6m between what the Glaswegian outfit proposed and what the Italian club now want.

The Govan side's search for a new winger hasn't been easy and it will be interesting to see who they can sign before deadline day.

Why Andrew Cavenagh is in for a rough shareholder summit

Rangers aren't required to hold an annual general meeting after becoming a Limited Company, but Andrew Cavenagh wants an open and honest line of communication with the fans.

The AGM will start at 10am on 10 August at Radisson Blu in Glasgow.

While the American owners will feel they've made a significant investment in the club to appease supporters since taking over, it hasn't been plain sailing for the Gers.

Fans expected the new management to learn from their mistakes, but the recruitment this time around has been underwhelming as well.

The Glaswegian outfit's squad lacks balance and depth in key areas like full-back, central defence and on the wings.

Cavenagh will certainly be asked to spend more despite the Govan side making nine signings this summer and it surely won't be an easy shareholder summit for him.