We reported that former Rangers youngster Gregg Wylde could be be snapped up by Bolton after taking redundancy from the in-trouble Scottish club in order to save the jobs of non-playing staff in the face of financial trouble. Bolton had originally made a bid for Wylde in the summer that was in the range of £400,000 but Wylde denied the move and committed his then-future to Rangers.
A new report from ESPN suggest that Bolton have beaten some 17 other clubs to Wylde's signature. However, the club must wait on FIFA's approval of the move before making it officially official.
FIFA rules state that although a free agent player may be signed outside of the January transfer window, said player would also have to have been a free agent during the transfer window. Gregg Wylde was still on Rangers' books at that point. That said, FIFA has been known to make exceptions due to extenuating circumstances like, oh I don't know, a club having financial difficulty. Should Bolton not have FIFA's approval, they can still sign Wylde for next season where he would just have to wait to make his debut.
Wylde came up through the Celtic youth system before making the switch to Rangers youth in 2005. He made his professional debut in the Scottish Premier League in 2009 and has made 38 appearances for Rangers with 2 goals since then.