NEWS NOW: Rangers have already closed £10.5 million deal while Russian behemoths make bid for the Ibrox target.

Jhon Arias already appears to have moved out of Rangers’ price range, with Copa Libertadores champions Fluminense rejecting a £10.5 million bid from Russian giants Zenit St Petersburg.

In truth, the chances of Jhon Arias ending up at Ibrox during the January transfer window always felt a little slim. That is simply the harsh reality facing a club in Scotland, even one as historic and as well-supported as Rangers

The Glasgow giants may have a budget most other Premiership teams could only dream of. But the financial firepower at Philippe Clement’s disposal still pales in comparison to clubs south of the border and across the continent.

Rangers have scouted Arias. But, according to TEAMtalk, so have a number of Premier League clubs. West Ham United, Wolves, and Crystal Palace are among them. Second-tier duo Leeds United and Leicester City also have the funds to blow Rangers out of the water.

Zenit St. Petersburg, meanwhile, has seen a £10.5 million bid rejected by the newly-crowned champions of South America. The Russian giants failing with an offer higher than Rangers have ever paid for a player in their 151-year history. Globo Esporte

Alex Viveros, Arias’ agent, did not speak about those Zenit links when quizzed by Gol Caracol. He did, however, confirm interest from a number of English-based clubs, with Arias’ reputation growing ever further after helping Fluminense defeat Boca Juniors and claim the Copa Libertadores title for the very first time.

“Jhon is a focused, committed, and calm player. In addition, he has the support of my partner, Gianfranco, who has been a great support for him in Brazil. Together, we closely follow the relevant aspects of his career,” Viveros explains.

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