Danny Mills has suggested Rangers would insert a £40million release clause in a potential new contract for Ryan Kent.

Speaking exclusively to Football Insider correspondent Connor Whitley, the former England full-back suggested the attacker’s value has doubled this season because of his exceptional form.

This site revealed over the summer Kent had a £20million release clause in his contract and Leeds had tested the Gers’ resolve with a £10million bid.

The Ibrox club are now set to offer the 24-year-old a blockbuster new deal worth more than £6million in total.

His current deal is set to run out in 2023 and Rangers are keen to extend that and offer him wages of £30,000-a-week.

And Mills has claimed a new release clause could form part of negotiations.

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He told Football Insider“Their value will definitely be going up because of their performances in the Europa League.

“Ryan Kent’s release clause previously was £20million and he has a fantastic season do they have the right to say ‘hold on, he’s now worth £30million or £40million’. 

“They’ll be lots of negotiations going round with how the deal works and what their valuation is now.

“He’s young, he’s enthusiastic and he’s under a very good manager in Steven Gerrard and I think his team is excellent too.

“Gary McAllister has been there, done it. That works really well.

“Michael Beale who was at Chelsea and came from Liverpool is exceptionally talented and does a lot of the coaching.

“Steven Gerrard has very cleverly put together a team of very, very good experienced coaches in and around him.”

Kent has featured in all but one of Rangers games this term and has contributed six goals and seven assists.

In the Europa League, he has started all four of the Bears’ group games including their both impressive draws with Benfica.

In other Rangers news, Football Insider understands a striker has agreed an overseas move after club gives green light.