Both Rangers and Celtic find themselves at the centre of a flurry of transfer activity, with defensive reinforcements and midfield business dominating the latest round of speculation from Glasgow.
Rangers are reportedly in discussions with Brentford regarding a possible loan return for left-back Jayden Meghoma, 20, according to Sky Sports. The Ibrox club had previously sent the defender out on loan, and a fresh arrangement could see him rejoin the Scottish giants for the upcoming campaign.
The Gers are also continuing to explore options at right-back, with Aston Villa's Kosta Nedeljkovic and Club Brugge's Hugo Siquet both under consideration. However, Rangers' pursuit of Siquet has hit a snag after the Belgian club rejected a bid for the 24-year-old last week. Club Brugge are understood to have no intention of letting the defender leave this summer, according to the Daily Record, which complicates Rangers' efforts to bolster that position.
Elsewhere in the Rangers squad, left-back Tuur Rommens has been dealt an injury blow. The Herald reports that Rommens is suffering from a groin strain that will keep him sidelined for a matter of weeks rather than the more serious timeline of months that had initially been feared.
On the striker front, Rangers remain engaged in talks with Sheffield United over a move for 20-year-old forward Ryan One, according to journalist Ben Jacobs. The negotiations continue despite the Blades having already turned down an initial loan approach for the player, suggesting Rangers are determined to find a way to complete the deal.
Across the city, Celtic have been busy finalising a significant signing. Egyptian winger Haissem Hassan has completed a medical examination in London ahead of a £9m transfer from Real Oviedo, according to journalist Anthony Joseph. The move represents a notable outlay for the Parkhead club as they look to strengthen their attacking options.
Celtic's business is not confined to incomings, however. The club has also been linked with a move for Torino midfielder Gvidas Gineitis, though the Italian side are said to be holding out for a fee in excess of £8m. Torino have already rebuffed an approach from RB Salzburg for the player, according to the Daily Record, indicating that any move for Gineitis - whether from Celtic or elsewhere - will require a substantial financial commitment.
Meanwhile, Celtic could also see departures from their own defensive ranks. Everton have not abandoned their interest in signing right-back Alastair Johnston, according to the iPaper, though the deal remains stalled due to a £5m gap between the two clubs' valuations of the player. Should that gulf be bridged, it could open the door for Celtic to pursue further reinforcements of their own before the transfer window closes.
With both Glasgow clubs balancing incoming and outgoing business, the coming days are likely to prove pivotal in shaping their squads ahead of the new season. Fans on both sides of the divide will be watching closely to see which of these deals materialise before deadlines pass.
Based on reporting from BBC Sport, Sky Sports, The Herald, Anthony Joseph, Daily Record, and Ben Jacobs.