Rangers boss Steven Gerrard has effectively ruled out a move for Billy Gilmour and insists there's been no contact with Chelsea for him.
But the Ibrox gaffer has confirmed there is 'something' in the Juan Alegria transfer speculation and hinted the Colombian is a signing for the academy.
It's unlikely that move will be completed until after the post-brexit regulations are detailed, with Alegria unlikely to get a work permit to join the Premiership leaders under the current rules.
But Gilmour is one who won't be moving to Glasgow in January and Gerrard believes it is simply speculation and there's nothing in it from a Rangers point of view.
He said: "There is always a lot of paper talk and a lot of speculation about a lot of players. From what I see from afar, I think Billy Gilmour is pretty settled at Chelsea. He has obviously had an injury.
"Every time I listen to Frank (Lampard) he is really happy with the player. He’s a fabulous little player but there has been no contact between the clubs or the managers. I know Frank extremely well and I know his coaching staff extremely well. I think that’s just people putting two and two together and looking for stories. There is nothing in it from our side but we wish him well.
"The Alegria one is slightly different. We are well aware of the player and his talent. We are always looking to recruit right through the club. This is something.
The academy has had a closer eye on than myself but we are very much aware of the boy. There is something in that one but there is nothing to report on it as of yet."
