Rangers & Hearts Agree Holt Fee

22 July 2015, 07:13 | Updated: 22 July 2015, 07:17

Jason Holt is moving closer to a deal with Rangers after Hearts agreed a fee with the Ibrox side.

Holt rejected a new contract at Tynecastle after finding himself out of favour last season.

The 22-year-old, who spent the second half of last term on loan at Sheffield United, has been training with Rangers for several weeks and is now able to finalise a deal.

A statement from the Championship winners read: "Heart of Midlothian Football Club can tonight confirm that a development fee has been agreed with Rangers for Jason Holt.

"The Scotland U21 cap will now hold signing talks with the Ibrox side.

"Jason made 71 competitive appearances in a maroon shirt and scored seven goals, after making his first-team debut in 2011.

"The club thanks Jason for his time at Hearts and wishes him well in the future.''

Holt started the Ibrox side's 1-0 friendly defeat against Burnley on Tuesday night and could make his competitive debut against Hibernian in the Petrofac Training Cup first round on Saturday at Easter Road.