Rangers striker Kyle Lafferty could be available for a measly fee of around £500,000 in the summer according to SunSport.

The 24-year old negotiated a cut-price fee with the club when players agreed to take a 75% pay cut when the club fell into administration last month and it is believed that he will be on the market for a small portion of the total he cost in 2008.

Lafferty arrived at Ibrox for £3.25 from Burnley about four years ago and is now attracting interest from a number of clubs in England, including Bristol City, after the asking price for him dropped dramatically.

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