Rangers are still hopeful of landing Croatian striker Nikica Jelavic.
Ibrox chief executive Martin Bain returned from his trip to Austria empty-handed after failing to secure a deal for the 24-year-old.
But he will continue discussions with Rapid Vienna today and over the weekend in an attempt to deliver manager Walter Smith his first summer signing.
The SPL champions have tabled a bid of ?3.5million for the 6ft 2in forward after Smith identified the powerful frontman as his No.1 signing target.
That bid has been rejected as Bain was informed by Rapid officials they weren?t overly keen to do business with a Europa League fourth-round qualifying tie taking place this month.
The player has informed Rapid he will be unhappy if they refuse to sell him to Rangers and now Rapid are having to weigh up the implications.
Bain said: ?We held talks and discussions are ongoing.?
Jelavic will join the Croatia squad on Sunday for a friendly in Slovakia and he would like his future sorted out as quickly as possible.
Rangers are willing to shell out most of their transfer budget on him and have also offered to pay him ?15,000-a-week as they attempt to fill the void left by Kris Boyd?s departure.
Honduran striker Georgie Welcome, who would cost ?500,000, is on trial at Murray Park, but is unlikely to be offered a contract.
Smith is an admirer of Jelavic and believes he will provide the team with a goalscorer.
Rapid are determined to bank as much as possible for the player as his former club, Belgian side Zulte Waregem, are entitled to a sell-on fee.
?I would prefer if Jelavic was still playing for us in the group stages of the Europa League and scoring goals,? said Rapid general manager Werner Kuhn. ?We could then sell him for a spectacular fee in January.?
Jelavic has made it clear he is ready to leave now and Rangers hope he will be the first of three new arrivals.
Smith wants to see what he has left to play with in terms of wages he can offer players before he turns his attention to various loan stars.
The Ibrox boss is considering a couple of options for wide positions, but his priority is to land Jelavi