Jermain Defoe is willing to take a pay cut to complete a permanent move to Rangers, Football Insider understands.

The Glasgow giants want to convert the loan contract of the striker, 37, into a full-time deal ahead of it expiring next summer.

Ibrox sources have told Football Insider that Defoe has told the Rangers hierarchy he is keen to finish his career at the club and is ready to discuss a drop in his Bournemouth salary to smooth the deal

Rangers currently contribute a significant portion of Defoe’s wages at the Premier League club, where he is said to have signed a deal in 2017 worth more than £100,000-a-week.

That deal expires at the at the end of the season, at the same time as his 18-month loan at Ibrox.

Rangers are ready to negotiate a deal in which Defoe would sign on for another 12 months until the summer of 2021, by which point he would be just a few months short of his 39th birthday.

The Scottish giants would not be able to pay the forward anywhere near his Cherries salary.

Eddie Howe’s side can trigger a recall clause in Defoe’s loan in the winter window and take him back to the Vitality Stadium.

That is regarded as unlikely, and it is more likely that Bournemouth will be keen to let the former England international go early in order to get him off their wage bill.

Rangers manager Steven Gerrard is a huge admirer of Defoe and regards him as key member of his squad as a potentially thrilling title race in Scotland takes shape.

The Englishman tops the SPL scoring charts alongside Odsonne Edouard with 10 strikes this season, averaging a goal every 56 minutes.

In all competitions he has netted 13 times from 20 matches and his overall record for the club is 21 goals from 40 matches.

In other Rangers news, it can be REVEALED that Gerrard and his coaches have earmarked major role for ‘GEM’ barely seen in four months.