This piece is an extract from yesterday's Rangers Insider newsletter, which is emailed out at 5pm every weekday with a round-up of the day's top stories and exclusive analysis from the Rangers Review team.

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With Todd Cantwell settling into his new surroundings at Rangers, attention is now focused on landing Michael Beale’s other January targets.

Deals for Nicolas Raskin and Morgan Whittaker are all but done and both should enhance the current first-team squad.

Should the Ibrox club acquire the pair, it would represent a successful transfer window. That being said, all three are non-Scots which is why Rangers need to be thinking about adding fresh homegrown talent to their pool.

To compete in UEFA competition, European football’s governing body requires every participating team to designate a minimum of eight players in their 25-man squads that were trained by clubs from the same national league, with four of them being from the club’s own youth system.

Rangers' current pool contains just a handful of Scottish players. Those are Allan McGregor, Ryan Jack, John Souttar, Scott Wright, Leon King, Adam Devine, Alex Lowry, Robbie Ure and reserve keepers Robby McCrorie and Kieran Wright.

Despite representing Scotland at international level, Jon McLaughlin doesn’t qualify given he has spent the majority of his career down south.

With McGregor likely to call time on his career in the summer, it reduces that homegrown pool even more.

Therefore, it’s important Rangers are looking to cast their eye over some of the best Scottish talent within the domestic game.

It’s an aspect Michael Beale touched upon last month when he said: “I think they have to be good enough to play for Rangers. But I think a strong Rangers has always had key Scottish players in that team as well. It is important we have that, certainly, for the make-up of our squad for European football, we need to have the right quota.

“I do think as a big club, the biggest club in Scotland, we need Scottish players in our squad for sure.”

Admittedly there aren’t many players currently strutting their stuff in the Scottish Premiership that have the potential to star for Rangers.

Rangers Review: (Image: NQ)

There are two, however, that, on current form, deserve attention.

It's time to talk about Lawrence Shankland and Kevin Nisbet.

Both are excelling for Hearts and Hibs respectively and scoring goals for fun. Shankland has become the first player to net 20 goals in a season for the Jambos since Tynecastle legend John Robertson back in 1991/92.

Yes, 11 of those were from the penalty spot but this is someone who was born to score goals. He has done so at various levels throughout his career and he is now doing so with ease in the top flight.

Beale has said on record of the need to add more goalscorers to his squad and Shankland would provide that in abundance.

At 27 years of age, he is in the prime of his career and if his goal record at Hearts is impressive enough, just imagine what he could rack up given the chances Rangers create.

READ MORE: Should Rangers sign Shankland or Nisbet? - video debate

There is every possibility he will top 30 goals this season which is quite incredible considering he’s not turning out for either Old Firm club.

With his contract expiring in the summer of 2025, it would take a substantial fee to prize him away from Gorgie but he has a catalogue of evidence that adds weight to the fact any outlay will be money well spent.

Nisbet, meanwhile, has been subject of interest from English Championship outfit Millwall with the London club submitting a bid worth over £2m for his services.

Should they be successful, on the face of it, £2m for a 25-year-old Scotland international who’s bagged seven goals in his last seven games for a struggling team represents shrewd business.

Like Shankland, he is another who is capable of scoring plenty domestically and should he head across the border he may be someone Rangers will rue not pursuing.

That being said, it’s hard not to envisage a premium being added onto his asking price if Rangers were to come knocking.

What is clear is that these are two prized assets destined for bigger and better things and it’s players of this ilk Rangers simply have to be looking to recruit going forward if they want to regain top spot in the Scottish game.