Celtic and Rangers have both made pre-contract offers for Alfie Doughty but could lose out on the Charlton star.
The Hoops have been long-term admirers of the left-sided playmaker with Steven Gerrard's side recently entering the frame.
The 21-year-old's contract runs out in the summer and is free to talk to clubs at the start of this month.
And the race is heating up for Doughty as both Glasgow clubs tabled offers, reports the Daily Record.
But they face stiff competition as Charlton accepted two bids for the 21-year-old from Stoke City and another unnamed English Championship side.
The Addicks want to cash in on their prized asset instead of losing him for nothing at the end of the season. Stoke placed a £600,00 bid for Doughty.
Celtic made multiple bids for the versatile youngster in the previous window but were unsuccessful with their attempts.
Charlton boss Lee Boywer insisted the club are in no rush to orchestrate a deal as he claimed Doughty's agent was trying to pressure the English side.
He said: " I don’t know why it has to move quickly. I don’t think there is any rush. The agent is trying to rush it through – he tried to give us an ultimatum yesterday of 24 hours. Then it was 12 hours.
“I think it will happen when the time is right and the deal is right for the football club. We want the right deal and if we get that it will happen quickly – if we don’t then it won’t.
“Agents, and I’m not just talking about Alfie’s, they think they own players and not the club. They try and make those threats ‘you’ve got 24 hours or I take him cross-border’. Come on, you can take him cross-border on February 1 or March 1. Why do you have to do it now? They are just threats to get the deal done.
“But for us as a club, we have to make sure that this is the best deal we can get. That’s what we’re doing.
“There is more than one club interested in him. Again we will get the best deal we can for the club. We’ll sit down with Alfie and see what he thinks. That’s the right thing to do.”
