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Davis and Ferguson were team-mates last season

Rangers will renew their efforts to sign Steven Davis and could look for new midfield targets following injury to captain Barry Ferguson.

Ferguson has been ruled out for up to four months with an ankle injury.

Talks are ongoing with Fulham over Davis, who was on loan at Ibrox, but other options will be pursued.

Assistant Ally McCoist told Rangers' website: "We will need to see what the finances are like and we will all sit down and discuss the situation."

Rangers are insisting that Ferguson's ankle injury is totally unrelated to the problem that plagued him for much of last season.

We know it's vital that we hit the ground running and make a good start to the season and losing Barry is a problem Rangers assistant manager Ally McCoist

Ferguson required an operation to his right ankle in April 2006 after taking injections to play through pain caused by wear and tear for much of that season.

He was hindered for much of last season by a similar problem, but Rangers believed he would be cured by a summer of rest.

But the 30-year-old suffered an injury to his left ankle in one of the first sessions of pre-season training, leaving Rangers' management seeking a replacement.

"We know it's vital that we hit the ground running and make a good start to the season and losing Barry is a problem," said McCoist.

MY SPORT: DEBATE It seems that the injury to Ferguson has given Walter the good kick up the backside he needed to go and get Davis MRFOGMAN

"He is an integral part of the team, but we have some time to shape a team without him."

Davis would be a priority after his successful spell in Glasgow last season, but Rangers manager Walter Smith has said that Fulham's transfer demands are too high.