Everton and Rangers have agreed a fee for striker Nikica Jelavic, according to reports.
The Croatian striker has been linked with a host of clubs this month following a series of impressive performances in the SPL during the first half of the season.
Ally McCoist has made it clear that he would prefer to keep Jelavic but the level of interest has been so great that it looks as though Gers may have been able to agree what they believe to be a good deal.
David Moyes dodged questions about his interest in the 26-year-old on Monday after it emerged that Everton had lodged a bid over the weekend.
He said: "I never talk about players at other clubs, I wouldn't do that."
But Sky Sports sources understand the two clubs have reached an agreement over a fee, with the Toffees able to spend some money following the sale of Diniyar Bilyaletdinov to Spartak Moscow for around £5million.
Moyes, who has already signed Landon Donovan on loan and Darron Gibson permanently this month, did admit on Monday that he was still in the market for more players.
He said: "I said probably a month ago that I would hope to bring two or three players in during the window, so the answer to that is yes."