Last updated: 5th January 2009
Alan Gow is holding talks with Wolves after Rangers confirmed a six-figure fee has been agreed for the winger.
Skysports.com revealed on Sunday that the Scot was closing on a move to Molineux after spending the first half of the season on loan at Blackpool.
Though Blackpool had been keen on a permanent deal, Gow could finalise a switch to promotion hopefuls Wolves later this week.
Rangers boss Walter Smith expects the 26-year-old to link up with Wolves and believes it will be a good move for Gow.
"The clubs have agreed a fee for the player and Alan and his representatives have gone to speak to Wolves today," Smith told the club's official website.
"As long as they reach agreement, the move will be finalised in due course but they have to talk first.
"Mick McCarthy has done a terrific job down there. Last season was disappointing for them, but they've settled down this year.
"After missing out on a promotion place, they're doing well and look to be the favourites to go up to the Premiership as they've got a fair gap at the top of the league now.
"I don't want to pre-empt anything, but it certainly looks as though they'll get promotion and Alan has an opportunity to join a club on the up. It would be a good move for him."

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| Time | Fixture |
|---|---|
| Saturday 15th August | |
| Barclays Premier League | |
| 15:00 | Aston Villa vs Wigan |
| 15:00 | Blackburn vs Man City |
| 15:00 | Bolton vs Sunderland |
| 15:00 | Chelsea vs Hull |
| 15:00 | Everton vs Arsenal |
| 15:00 | Man Utd vs Birmingham |
| 15:00 | Portsmouth vs Fulham |
| 15:00 | Stoke vs Burnley |
| 15:00 | Tottenham vs Liverpool |
| 15:00 | Wolverhampton vs West Ham |
| Tuesday 18th August | |
| Barclays Premier League | |
| 19:45 | Birmingham vs Portsmouth |
| 19:45 | Burnley vs Man Utd |
| 19:45 | Fulham vs Blackburn |
| 19:45 | Hull vs Tottenham |
| 19:45 | Sunderland vs Chelsea |
| 19:45 | Wigan vs Wolverhampton |
| Wednesday 19th August | |
| Barclays Premier League | |
| 19:45 | Liverpool vs Stoke |
| Saturday 22nd August | |
| Barclays Premier League | |
| 15:00 | Arsenal vs Portsmouth |
| 15:00 | Birmingham vs Stoke |
| 15:00 | Burnley vs Everton |
| Time | Result |
|---|---|
| Sunday 24th May | |
| Barclays Premier League | |
| Aston Villa 1 - 0 Newcastle | |
| Blackburn 0 - 0 West Brom | |
| Hull 0 - 1 Man Utd | |
| Man City 1 - 0 Bolton | |
| Sunderland 2 - 3 Chelsea | |
| Fulham 0 - 2 Everton | |
| Arsenal 4 - 1 Stoke | |
| West Ham 2 - 1 Middlesbrough | |
| Wigan 1 - 0 Portsmouth | |
| Liverpool 3 - 1 Tottenham | |
| Monday 18th May | |
| Barclays Premier League | |
| Portsmouth 3 - 1 Sunderland | |
| Sunday 17th May | |
| Barclays Premier League | |
| Chelsea 2 - 0 Blackburn | |
| West Brom 0 - 2 Liverpool | |
| Saturday 16th May | |
| Barclays Premier League | |
| Newcastle 0 - 1 Fulham | |
| Bolton 1 - 1 Hull | |
| Stoke 2 - 0 Wigan | |
| Middlesbrough 1 - 1 Aston Villa | |
| Tottenham 2 - 1 Man City | |
| Everton 3 - 1 West Ham | |
| Man Utd 0 - 0 Arsenal | |
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