The boyhood Rangers fan is close to securing a transfer to the SPL giants, in a deal which will shatter Burnley's existing outgoing sale after the Clarets formally agreed a £3m fee for the Northern Ireland striker, with a further £250,000 payable on appearances, and a sell-on clause that includes 10% of any future profit.

Burnley will also enter discussions with 25-year-old Rangers forward Alan Gow, who played with Clarets boss Owen Coyle at Airdrie and Falkirk, as part of the package.

Both deals are now subject to the players agreeing personal terms with their respective clubs.

Coyle said: "We have received a very good offer from Rangers - a deal worth close to £4m when you include Alan (Gow), who has been offered to us in return as part of the package.

"Ultimately, from the fans point of view, Kyle wanted to leave the club after saying he felt it was time to move on.

"Providing the deal is concluded, we wish him well, but ultimately we want players who are fully committed to Burnley Football Club."

Glasgow rivals Celtic's latest offer last week reached £2.75m, plus forward Derek Riordan and a lucrative friendly, with Burnley keeping all gate receipts, while Wolves were also keen, offering £2.25m, Stephen Elliott and Darren Potter.

Should the deal go ahead as expected, the move will surpass the £1.5m paid by Sheffield United for Ade Akinbiyi, and Charlton for Andy Gray.

Burnley, meanwhile, have been linked with moves for Sunderland's £2m Republic of Ireland international striker Anthony Stokes, and Falkirk defender Darren Barr.