Rice is ready to make the move to the Premier League, although there is also interest from European clubs such as Schalke.

Bailey Rice has now rejected a new contract offer and is set to leave Rangers this summer amid offers from European clubs. According to transfer expert Fabrizio Romano, Schalke have submitted an offer to sign Rice this summer.

Schalke and Ajax are both trying to sign 19-year-old Scottish defensive midfielder Bailey Rice from Rangers as a free agent. His contract is set to expire this summer, and Schalke has already presented an initial offer on personal terms. The player has 16 caps for the Scotland U19 team, has not yet agreed to a new contract with Rangers, and is reportedly open to exploring his options. According to Transfermarkt, his current market value is €800k. It was reported in early 2026 that a cross-border move would only require a small compensation fee.