Rangers have made an early move for Fleetwood Town centre-forward in a bid to beat a number of Championship clubs to his signature, Football Insider can reveal.
The Scottish giants are battling with English second tier outfits Sheffield United, Birmingham, Ipswich, Reading and League One leaders Wigan to land Cole, 22, who is available for a cut-price fee as he is out of contract in the summer.
A well placed source has told Football Insider that Rangers have made an approach for Cole as they prepare to make a formal bid for a player who has scored 12 goals in 29 appearances in all competitions for Uwe Rosler’s League One side.
Graeme Murty’s side have already been active in the January window, completing the signings of winger Jamie Murphy from Brighton and central midfielder Sean Goss from QPR and more signings are expected this month.
Rangers are looking to strengthen their attacking options as they aim to close the gap on league leaders Celtic and they see Cole as someone who could be a long-term answer to their striking issues.
Championship promotion hopefuls Sheffield United remain interested in Cole having saw a deadline day move in the summer fall through for the 22-year-old, while Birmingham, Reading and Ipswich are all in the market for striking reinforcements this month and Cole is high on their list of targets.
Cole joined Fleetwood from Bradford City in January 2016 establishing himself as one of the best young strikers in the Football League and Fleetwood will reluctantly consider offers for the former Manchester City youngster this month rather than risk allowing him to run down his contract.
In other Rangers transfer news, the club have rejected a bid from Sheffield United for one of their star players.