The BBC have dropped a significant update on the future of Rangers midfielder Nicolas Raskin following an opening multi-million-pound transfer offer from Hull City.
The Tigers have formally tested the waters at Ibrox by submitting a proposal in the region of £12million to £14million for the 25-year-old Belgium international.
However, a fresh update provided by the national broadcaster clarifies that the initial package will fall significantly short of what it takes to seal a deal.
With incoming manager Derek McInnes engineering a massive first-team rebuild in Glasgow, the Ibrox decision-makers are firmly holding out for top dollar before even considering parting ways with their midfield anchor.
Nicolas Raskin has been linked with a Rangers exit…
Rangers hold firm on steep £20m+ valuation
According to a report from BBC journalist Mike White, Hull City’s aggressive attempt to take Raskin to the MKM Stadium is highly unlikely to succeed at its current price point.
The broadcaster note that while the Tigers have a definitive, active interest in the combative player, Rangers are entirely unbothered by the opening bid.
The Ibrox hierarchy expect a fee well in excess of £20m before granting a transfer, and the substantial valuation gap means Hull City will need to dramatically stretch their financial capabilities if they want to secure Raskin for their Premier League return.

Raskin, who has made 145 appearances and scored 13 goals since joining the club in January 2023, is also attracting substantial interest from Serie A suitors Bologna.
This secondary interest adds immense leverage to Rangers’ firm stance.
Andrew Cavenagh right to play hardball over prized asset
Rangers find themselves in a perfect win-win position here.
McInnes and a selection of players were pictured reporting to Auchenhowie on Thursday to begin pre-season preparations.
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While McInnes is orchestrating a squad overhaul following the high-profile departure of captain James Tavernier, sacrificing Raskin on the cheap would be a massive mistake.
Raskin is currently in the absolute shop window, representing Belgium at the 2026 FIFA World Cup.
He is entirely isolated from the club-level noise, with his nation preparing for a vital Group G clash against New Zealand on Saturday as they hunt their first win.
The Andrew Cavenagh-led club are under no immediate pressure to blink first. If Raskin performs well over the weekend, his price tag will only move in one direction.
Hull City’s £14m bid is a respectable conversation starter, but the 49ers and the Ibrox board must continue to stand their ground until a transformative, £20m-plus package is slapped onto the table.

