Bologna have entered negotiations with Rangers to sign midfielder Nicolas Raskin.
The 22‑year‑old Belgian has started most of the league games this season and contributed several assists.
A Premier League club is also monitoring his form as the summer window draws nearer.
Both clubs see the player as a long‑term midfield option.
Rangers' own plans face a setback.
Sources say a swap that would have taken Lewis Ferguson to Bologna is unlikely to materialise.
The club must seek different solutions to replace Raskin.
The difficulty puts extra pressure on Rangers to make a decision before time runs out.