Rangers are set to secure the future of young midfielder Bailey Rice with a new contract signing this week. The 19-year-old has been a rising star at Ibrox, attracting interest from notable clubs such as Ajax and Nottingham Forest. Having first joined Rangers on June 30, 2022, Rice's previous contract was extended in September 2023, but with that deal nearing its end, the club is keen to lock him down. With around 16 senior appearances under his belt, including a Scottish Cup match and a Europa League debut, Rice's potential has not gone unnoticed. His market value is currently estimated at approximately €800K. This new contract aligns with manager Danny Rohl's strategy of nurturing homegrown talent, ensuring that if Rice continues to develop, Rangers can benefit from a higher transfer fee should he attract further interest from bigger leagues. By finalizing this deal, Rangers are removing uncertainty as they prepare for a busy summer transfer window, allowing them to manage their squad effectively and on their own terms.