Newcastle United want £1m, but Wednesday are set to offer £500,000 for Ranger IF the Magpies knock back the offer a season-long loan.
Alan Pardew wants the striker "off the books", sooner rather than later, but United will be seeking a sell-on clause to insure them against the possibility that he goes on to rebuild his career away from St James’ Park.
Ranger has four years of a bumper five-year deal left and rejected a move to Blackpool 12 months ago, despite a £1million fee being agreed.
Barnsley also have an interest in the striker but may struggle to match his wages ... and the fee.
Chris Hughton was a big fan of the youngster and that may prompt an enquiry from his East Anglian club.
Ranger sustained a serious cut to his arm after falling from a fence last week.
Nile Ranger: “I don’t know what is going on (with my future).
“It was a good feeling at Sheffield Wednesday, getting games and getting them promotion.
“I want to play, I don’t want to be rotting on a bench and missing out here and there. Obviously I’ve got four years left at Newcastle and I don’t want to just sit down and get money, I want to play.
“Whatever team comes for me, I hope it’s high up there in the Prem or the Championship – at a high level – I want to go there.”