Rangers 're-examine' transfer target amid summer pursuit, but there's a catch

(Image: Stefanos Kyriazis)

Rangers are "re-examining" their interest in James Penrice, according to new reports.

The AEK Athens left-back had a successful first season in Greece after a £2 million move from Hearts last summer.

Reports from Greece suggest the Ibrox club are considering Penrice as Derek McInnes seeks to bolster his defence for the upcoming campaign. However, AEK are reluctant to let go of the 27-year-old, who is under contract until 2028.

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Any potential deal will require "significant financial compensation."

The Greek side reportedly rejected a move from Rangers for Penrice in January. He had left Hearts last summer for the Greek champions before the start of the Scottish Premiership campaign.

Rangers are keen to add another left-back to their ranks to challenge Tuur Rommens in the starting XI. Penrice is once again on the list of targets.