However, McCoist will have to move quickly if he wants to snap up St Johnstone striker Francisco Sandaza, left, who is due to line up against the Ibrox outfit at Perth tomorrow afternoon.
A clutch of clubs from south of the border are zeroing in on the striker with West Brom and Cardiff leading the pack for a player who would cost around £300,000. If the Ibrox club cannot come up with that figure, they will pursue a pre-contract agreement but will then
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out on the striker.
Meanwhile, McCoist has been busy scouring the market for available players as tries to steer the club to a fourth successive title.
Estonian defender Enar Jaager is expected to jet into the club next week as McCoist seeks cover for the injured Steven Whittaker and Kirk Broadfoot.
The right-back will train with at Murray Park as McCoist takes a look at the 27-year-old, while 18-year-old Arsenal kid Benik Afobe could also be on his way to Ibrox on a loan deal.
The highly rated striker has a slight injury which may be the stumbling block for a deal to go through, but he has revealed that Rangers have been in touch.
"It depends what Arsenal want to do," he said. "I just want to focus on getting fit first.
"My aim has always to break into the Arsenal first-team. But if the boss wants me to go out on loan for a few months that would be good too.
"A lot of teams have been asking when I'll be fully fit again, including around ten Championships clubs and Rangers."
Swedish midfielder Mervan Celik has also been linked with Rangers and with the 21-year-old out of contract and available on a free, he would be an affordable option for McCoist. Some form of compensation would be required but it is unlikely to amount to more than £100,000.
Celik netted 14 goals in 27 appearances last season. The acquisition of a midfielder may pave the way for Maurice Edu to leave, although Rangers are adamant that Sochaux will need to get closer to their valuation of £2m if the American internationalist is allowed to go.
The French club are set to go back to Rangers with a third offer of around £1.2m, but the Ibrox side are holding out for a higher fee.