The deal for Martin Skrtel, one of Steven Gerrard’s top summer targets, is dead because of finances, according to a report.

The Daily Record claim that Skrtel’s agent, Karol Csonto, was contacted directly by Gerrard over the deal, but he has now said it would be an “impossible” move to complete.

He has said Rangers would only pay a “fraction” of his £60k-a-week wages and couldn’t match Fenerbahce’s £5million valuation.

Talking to the Daily Record, Csonto said: “Martin would be very happy to play under Steven Gerrard but sometimes, regarding transfers, you need to put so many things together and in this situation it’s impossible.

“When there is only a small difference then you can find a solution. But in this case, the salary of the player in Turkey is four or five times more than what Rangers could offer. That makes it impossible.

“That means at this moment the deal would cost five or six million euros minimum. And, as I told you, the salary is very different.”

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Football Insider verdict:

This is a real shame for Rangers – Skrtel would have been a big hit in the Premiership. It’s a double blow as the deal had seemed so close, with talk of a £2.7million fee having been agreed and one Turkish outlet reporting that the deal had been done. However, it’s just one deal of many that will be talked about for Rangers this summer, and the club will have to take it on the chin and walk on. One interesting snippet from the agent comments is that Skrtel is on £60k-a-week and that Rangers could only offer £12k-£15k a week. If that’s the absolute ceiling then it will mean that Gerrard is going to have to look at younger players, or players that are a couple of notches down from Skrtel’s standing. Players like Jermain Defoe, who have also been mentioned, would have to take a massive wage cut to sign.