Rangers would be making a huge statement of intent if they were able to pull off the signing of Martin Skrtel.
Steven Gerrard was recently confirmed as the manager at 'Gers and their fans will be hoping he can end their record-breaking seven-year barren spell.
They've already completed the signings of Scott Arfield, Allan McGregor and Jamie Murphy since Gerrard's appointment - but they're not done yet.
The 37-year-old Liverpudlian was formerly in charge of the Liverpool youth team and Rangers have been linked with a number of their youngsters.
Liverpool forwards Dominic Solanke, Rhian Brewster and Harry Wilson have all been targeted on season-long loan deals.
Gerrard has got a major task on his hands to end Celtic's period of dominance.
Their Old Firm rivals have won seven consecutive league titles and recently pulled off a historic double-treble under Brendan Rodgers.
Big Skrtel update
The arrival of a top-class defender could turn the tide in Rangers favour.
Skrtel, 33, played alongside Gerrard for seven-and-a-half years on Merseyside and is currently plying his trade with Turkish giants Fenerbahce.
His agent Karol Csonto claimed he's spoken directly to Gerrard about a transfer to Ibrox during an appearance on a Slovakian TV network.
He also revealed exactly what Skrtel said about a possible move to Glasgow.
"Rangers are interested in Martin [Skrtel]," said Csonto, as per The Scotsman. "I personally talked to Gerrard about it.
"Martin has said it would be an honour for him to play under Steven’s direction for three years.
"There are, however, complex financial matters.
"They are terribly far apart.”
So Skrtel would love to join Gerrard at Rangers - but they'll have to stump up a lot more cash.
He currently earns an annual salary of €4.5m in Turkey and Rangers won't be able to pay him anywhere near that figure.
Former Liverpool defender Jamie Carragher has urged Rangers to back Gerrard in the transfer market in order to challenge Celtic.
"It’s always been difficult for Rangers with the financial implications," Carragher told the Daily Record.
“No matter how good Steven is as a manager - and we don’t know yet - he will still need help financially to try and compete with Brendan and Celtic.”
Will Rangers be able to pull off the signing of Skrtel? Let us know what you think in the comments section below.