By Wayne Veysey

19th Nov, 2020 | 4:00pm

Ibrox Sources: 'Fabulous' Rangers player in contract U-turn after Wilson talks

Rangers rising star Kai Kennedy has re-opened contract talks with the club as hopes grow he will not quit next year.

Football Insider revealed in July that the 18-year-old wonderkid had rejected the Glasgow giants’ offer of a new contract amid interest from the Premier League and European elite.

But Ibrox sources have told Football Insider that lines of communication between Kennedy and the club are back open and fresh discussions have been led by director of football Ross Wilson.

An agreement is not yet in place but the exciting teenager could now sign a new long-term contract.

Kennedy’s current deal, signed when he turned professional at the age of 16, expires in the summer of 2021.

He is currently on loan to Scottish Championship club Inverness Caledonian Thistle after being demoted to the Rangers reserves earlier in the season.

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Kennedy had been training with the first team and was hailed by manager Steven Gerrard as a “fabulous little player” when he made the senior squad for the first time in November of last year.

He subsequently played once for the first team, when he made his senior debut in January as a substitute against Stranraer.

But Kennedy plummeted down the pecking order when he knocked back a new contract.

Rangers had offered Kennedy a big pay rise as well as a contract longer than the three-year one he signed when he turned 16.

Kennedy is predominantly a left-winger but has also played for Rangers’ youth teams in various attacking positions, including as a number 10.

He has also worked his way through the Scotland age groups and was called up to the Under-21s squad for the most recent European Championships qualifiers.

In other news, there has been a massive twist in Ryan Kent contract talks with Rangers.