Rangers' hopes of bringing Newcastle United ace Jacob Murphy to Ibrox this summer appear to have taken a significant blow after it was revealed that the 26-year-old wants to extend his stay with the Toon, despite the reported interest from Steven Gerrard's side.

According to Chronicle Live, Murphy's contract is set to expire at the end of the 2022 season rather than 2021 as previously thought, and both he and his agent are keen to sign a new contract with the Tyneside club.

Steve Bruce also spoke out on the former Norwich City man's performances recently, saying: "I sincerely hope that we tie Jacob down. He's played a big part in the season... I've been very, very pleased with him."

Rangers and Southampton had recently been linked with a move for the former England under-21 international, who signed for Newcastle for £12m in 2017, with Football Insider claiming that both clubs were looking to sign the winger for as little as £3m this summer.

However, considering his impressive recent performances in Bruce's side, it is difficult to see Newcastle parting ways with Murphy for so little this summer, especially if they are able to tie him down to a new contract.

The 26-year-old, who has featured as a right wing-back recently, slammed home an equaliser in Newcastle's 2-1 win over Burnley last weekend and celebrated by kissing the shirt, which certainly isn't how you would expect someone who plans on leaving in the near future to act.

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That win also gives Bruce's team a serious boost in their hopes of staying in the Premier League this season, which could prove to be another factor in deciding whether or not Murphy stays. However, given that he spent last season in the Championship on loan with Sheffield Wednesday, even relegation might not be enough to convince him to leave St James' Park.

Earlier in the season, Noel Whelan was full of praise for the 26-year-old, saying: “Look, Murphy is a player with so much ability. He was brought to that club to run, be direct, use that pace and skill that he has with the ball at his feet and now he seems to be doing it."

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Murphy's performances as both a winger and a right wing-back certainly suggest that he could have been an excellent addition to Gerrard's side at Ibrox, and therefore it is definitely a blow for Rangers that he looks committed to staying with Newcastle this summer.

In other news... Forget Yates: Rangers should swoop for "phenomenal" goal machine this summer