Rangers have pulled off the first major signing of the Steven Gerrard era by securing the former England striker Jermain Defoe on an 18-month loan deal.
36-year-old Defoe has played with Gerrard whilst on England duty, and his arrival at Ibrox should ease some of the scoring burden on Alfredo Morelos, with the 22-year-old often the focal point of the attack for his side.
Indeed, according to the Daily Record, Southampton manager Ralph Hasenhuttl has given the go-ahead for Davis to move north of the border and now it seems a matter of time before he signs.
The Northern Ireland captain is expected to earn around £12,000-a-week at Ibrox and will be one of the club's highest paid players, despite taking a substantial pay cut as he leaves Saints.
Davis has found his first-team chances limited this season, and Hasenhüttl revealed the club would look to support the midfielder in his desire to move back to Scotland.
Asked if the deal was close to completion in the next few days, the Saints boss added: "It can be".
"The fact is that he has a contract here until the summer so what we want to give him is a chance to make the next step", he said.
Dharmesh Sheth of Sky Sports News said on Thursday evening: "I spoke to him very briefly earlier and he is well aware that he could become a huge hero at Rangers. I think he has done a lot for this club and we (want to) find a good solution where we have a win-win for both sides". We are talking up something that is not there but everyone knows I started my career at Rangers, I played in front of 50,000 with the pressure.
The deal is subject to Defoe passing a medical, which is expected to happen this weekend, and it is hoped Defoe will become a Rangers player in time to join the squad on their mid-season break to Tenerife.
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