As reported by The Daily Mail, Rangers are set to sign former goalkeeper and current Hull City man Allan McGregor this summer.

What's the story?

McGregor left the club for Besiktas in 2012 after financial meltdown at Ibrox but had made over 275 appearances for the Light Blues prior to that, winning seven trophies with the club.

Now it appears he's set to make a stunning bargain return this summer.

That's according to The Daily Mail, who say the player is considering a two-year offer from the Ibrox side, with his current deal at Hull City set to expire despite being number one.

The paper say the acceptance of any deal hinges on his willingness to take a pay cut or not.

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A worthwhile signing?

Now 36, his return to Ibrox could raise a few eyebrows, especially considering Rangers already have a competent goalkeeper in Wes Foderingham.

McGregor though has much more experience than the current Gers shot-stopper, playing at a higher level for longer and also winning many trophies in Glasgow.

It's not as if the Hull City man is past it either, making 43 appearances in the Championship this season for his current club, ahead of another excellent goalkeeper David Marshall.

Despite leaving the club in acrimonious circumstances, McGregor's time at Ibrox previously is remembered as a massive success and his return could only benefit the club. He's not only a fine shot-stopper but a dressing room leader and they undoubtedly need more of them next season if they're to challenge Celtic in one off games or across the course of a Scottish Premiership campaign.