Bologna have reportedly told Rangers target Andreas Skov Olsen he will not be allowed to leave for less than £7.5million.
The Premiership champions are looking to strengthen this month, a need that has become even more pressing with Ianis Hagi ruled out for the season.
Boss Gio van Bronckhorst on Tuesday afternoon confirmed he'll look to bring in at least one more following the arrival of James Sands and a pre-contract deal for John Souttar.