The Scottish giants have not identified the bidding club, however 24-year-old Boyd has reportedly been the subject of a £2.5million offer from last season's FA Cup finalists Cardiff.

A statement from Rangers read: "In light of media reports today, Rangers Football Club can confirm we have received a bid for striker Kris Boyd which was rejected."

Cardiff could be willing to pay above £2.5million if manager Dave Jones decides Boyd is the man who should lead his attack next season.

A move to Ninian Park would see Boyd join former Rangers players Steven Thompson and Gavin Rae, but he could take some persuading to switch to the Coca-Cola Championship.

Boyd netted 25 goals for Rangers last season despite making just 23 starts and had a major role to play in the capture of both the CIS and Scottish Cups.

But his failure to hold down a regular place in Walter Smith's plans led to talk he could be set for a summer move.

However, the player reiterated earlier this week his desire to stay at Ibrox and fight for his place, despite the recruitment of three new forwards so far.

Kenny Miller, Andrius Velicka and Kyle Lafferty have all agreed to join the Glasgow giants, bringing the club's total number of senior strikers to eight ahead of the new season.