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Rangers have agreed a £4m deal to sign defender Ben Davies from Liverpool.
The move for the 26-year-old will be for an initial fee of just over £3m and almost £1m in add-ons linked to appearances and team performance.
Davies joined Liverpool from Preston for an initial £500,000 in February 2021 when the club were experiencing an injury crisis at centre-back.
He has not made a first-team appearance for the Reds and spent last season on loan at Sheffield United.
Blackburn and Middlesbrough were also believed to be interested in Davies, while Burnley and Stoke looked at a season-long loan for him.
The deal for Davies comes after Rangers accepted an offer from Ajax for Calvin Bassey, with the Nigeria defender poised to move for in excess of £20m.
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