Rangers have turned down an improved £8m bid from Chinese club Beijing Renhe for striker Alfredo Morelos, Sky Sports News understands.
On Tuesday, Sky Sports News reported how the Chinese club had offered £7m upfront for the striker.
Gers boss Graeme Murty previously confirmed there was interest in the Colombian forward from a Chinese Super League club, but that no side had met the Glasgow club's valuation of the 21-year-old.
Morelos has scored 13 times for Rangers since his £1.5m transfer from HJK Helsinki last summer, and is the club's top scorer this season.
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We understand the striker is not one of Rangers' best paid players and is keen to discuss a move to the Chinese club.
The Ibrox club are not keen to sell Morelos without a replacement lined up, with Murty saying on Tuesday: "We have to make sure we're making good, footballing decisions. Taking Alfredo out of our squad without a ready-made replacement to strengthen us is not a decision I'm prepared to make."