By Wayne Veysey

21st Apr, 2019 | 8:00am

£3.1m-a-year PL player 'very hopeful' he will return to Rangers next season - Ibrox sources

Steven Davis is convinced he will return to Rangers next season after his Southampton contract ends, Football Insider understands.

The central midfielder, 34, joined the Glasgow giants on loan in the January window as he return to Ibrox for a second spell after being a key member of their last title-winning side.

A source close to Davis’ camp has told Football Insider that the player is eager to sign a full-time deal with Rangers of at least two years and is “very hopeful” an agreement can be reached with the club.

In turn, Rangers want to hold on to the Northern Ireland international, with manager Steven Gerrard praising him at his media conference on Friday for reaching the level where he is “confident and influencing games”.

The central midfielder has made 15 appearances while on loan, starting four of the last five Scottish Premiership fixtures during what has been his best spell of the season.

Davis will have to take a significant pay cut to move permanently north of the border, with his Saints contract worth £3.1million-a-year (source: Spotrac).

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In other Rangers transfer news, it can be REVEALED that the club are in talks to terminate the contract of a £20,000-a-week Ibrox player.