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Rangers still in the hunt for reported £12m Premier League man – report

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Rangers are still in the hunt for Newcastle United and Premier League winger Jacob Murphy, according to a report.

Football Insider claim that the Ibrox club remain in the hunt for the Magpies forward, who is entering the final year of his contract at St. James Park.

Newcastle United v West Ham United - Premier League Asia Trophy: 3rd/4th Playoff
It hasn’t worked out for reported Rangers target and Newcastle United winger Jacob Murphy at St. James’ Park and his future could lie away from the Premier League. (Photo by Fred Lee/Getty Images for Premier League)

The 25-year-old winger moved to the Premier League outfit in 2017 for a substantial £12m transfer fee but things have not worked out as planned in the English northeast.

Murphy has been limited to only 41 appearances since signing under Rafael Benítez three years ago and has spent the last 18 months out on loan.

Murphy joined West Bromwich Albion on loan in January 2019, scoring twice in 15 appearances in the Hawthorns.

The winger spent last season on loan at Sheffield Wednesday, netting nine times and laying on six assists in 44 appearances for the Owls.

Sheffield Wednesday are on five clubs said to be rivalling Rangers for the player, with TEAMtalk claiming Nottingham Forest, Derby County, Stoke City and Middlesbrough are also interested.

Sheffield Wednesday v Middlesbrough - Sky Bet Championship
Murphy spent last season on loan at Sheffield Wednesday. (Photo by Alex Livesey/Getty Images)

Rangers were originally linked with a move for Murphy by the Daily Record as they look to bolster their forward line with the Premier League forward.

According to the Football Insider report, Newcastle value the player at £3m outright but would demand a £1m fee and his £40k per week wages covered if he was to move on loan.