Rangers look set to cut ties with captain Lee Wallace in the summer after the defender was suspended by the club following the 4-0 Scottish Cup thrashing by Celtic – and director of football Mark Allen should swoop to bring Wolves left-back Barry Douglas to Ibrox as his replacement.

Wallace’s impending departure only leaves Declan John as a senior left-back at Ibrox – under-20s left-back Myles Beerman is also out of contract in the summer – and bringing in the Scotland international would give the Light Blues some real competition for a place in the starting XI.

The 28-year-old has been in great form for Wolves this season and his performances for the Championship leaders earned him his first cap for Scotland in the recent friendly with Hungary.

Douglas, valued at £1.8million by TransferMarkt.co.uk, and could find himself on the fringes of the Wolves side next season when they inevitably bring in an influx of new faces for their return to the Premier League.

There will be a huge transformation of the Gers squad over the summer with a new manager almost certain at Ibrox and Allen will hopefully have a long list of targets prepared for the Light Blues to spring into action in the summer and start yet another rebuild.

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Wallace’s likely exit means it should be a pretty sure thing that a left-back will be on the Gers’ shopping-list in the summer and the addition of Douglas is one that would be sure to please fans.

In other Rangers news, Graeme Souness has revealed how Light Blues completed £250,000 new signing on private jet in Paris in the middle of the night.

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