Glasgow Rangers are set to terminate the contract of out-of-favour midfielder Carlos Pena, according to reports from Mexico.

After arriving at the Gers during the summer of 2017, the Mexican has struggled to impress.

Pena has so far only made 12 Scottish Premiership appearances for Rangers, scoring four goals, and has had loan spells with Cruz Azul and Necaxa during his time in Scotland.

Rangers have given up hope of reclaiming any return on their investment in the player, as reported by La Vanguardia. 

Pena, who was a marquee signing of former Gers manager Pedro Caixinha, is contracted to the club until 2020.

However, it looks impossible for the Mexican to wangle his way back into the Rangers set-up under new manager Steven Gerrard.

It would cost Rangers a sizable amount to release him from his contract, so they should ideally sell him in a bargain deal to another club if possible.

Despite his failures, Pena has shown glimpses of his potential but off-the-field incidents and apparent lack of match fitness have not made his case better.

While Rangers are refusing to reveal anything about Pena’s future, he is reportedly weighing up offers from his homeland of Mexico as well as Turkey and Poland, according to The Daily Record. 

The report added that the 19-times capped Mexican international earns wages of around £20,000 a week. This represents a significant amount for a Scottish club to be paying.

Rangers must aim to offload Pena as soon as they can. Gerrard’s side are aiming to finally defeat Celtic to the title and offloading the player will be a step in the right direction as they look to re-establish themselves as giants.

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