The Herald says Gers had a third bid rejected over the weekend and any subsequent offer may depend on their success with other signing targets.

Rangers' latest offer involved an initial payment of £334,000, with further instalments over the next two years, taking it to £1m, and a further £500,000 when he made 100 appearances. However, Kilmarnock want £2m for the player and are not prepared to compromise given that Naismith still has three years left on his contract.