According to Daily Record, Serie A outfit Benevento have pulled on signing Rangers centre-back Bruno Alves, opting to go for former Arsenal defender Bacary Sagna instead.
The Portuguese now looks set to remain at Ibrox until the end of the season, and it could deal a blow on Rangers’ finances.
Having recruited 5 players already this window, balancing the books and wage bills was always going to be necessary for cash-strapped Light Blues.
At £58,000 per week, Alves is currently one of the highest earners at Ibrox, and getting him off the wage bills would be financially relieving for the club.
The 36-year-old is currently injured and will have to battle Russell Martin for a place in the first team upon returning.
Although manager Graeme Murty refuses to admit it, Alves is surplus to requirements at Glasgow, and it’s why bringing in another defender was top priority.
The Portugal international hopes to play enough games to put him in reckoning for a spot in the squad to Russia 2018 World Cup, and with that not guaranteed at Ibrox, a late exit could still be on the cards.