Rangers have rejected a £7.2 million offer from West Ham United for Nikica Jelavic.
The Scottish Sun says Liverpool, QPR and West Bromwich Albion are all watching from the wings and could step in to trump the Londoners.
With less than six days trading left in this transfer window, the loss of 17- goal top scorer Jelavic now would be a hammer blow to Gers boss Ally McCoist and could all but end Rangers' hopes of four in a row.