Former Rangers striker Alfredo Morelos could be handed £2.3million to rip up his own contract at Santos, post the club’s relegation.

The Glasgow Times reported on 17 December that the Brazilian club’s newly-appointed president Marcelo Teixeira immediately acted by releasing the 27-year-old out of his contract on January 1 by activating the release clause.

The striker has been linked with a return to Ibrox and it remains to be seen if it’s an option that either party will be considering.

The Colombian’s potential departure from Santos, facilitated by a £2.3million pay-off to terminate his contract, could indeed open the door for a sensational return to Rangers.

Morelos left a lasting impact during his six-year spell at Ibrox, amassing an impressive goal tally of 124 in all competitions.

Given his familiarity with the club’s style of play, the club’s management and the Scottish Premiership, bringing Morelos back could prove to be a strategic move.

Philippe Clement may see this as an opportunity to bolster his attacking options with a player who has a proven track record in the league and a deep understanding of the club’s ethos.

While his departure from Ibrox in the summer marked the end of a successful era, circumstances have changed and the prospect of reuniting with Morelos might be something that the supporters would be open to as well.

Moreover, the 27-year-old could be motivated to return to familiar surroundings and regain the form that made him a fan favourite.

For Rangers, re-signing Morelos might not be the worst idea considering the potential benefits in terms of on-field performance, dressing room chemistry and fan engagement.

However, financial considerations and the willingness of the player to take a pay cut, if necessary, would play a crucial role in determining the feasibility of such a reunion.