Julien Faubert has been with Bordeaux for three years

Rangers had a reported �4m offer for the France winger rejected by the French club.

"As soon as we have agreement with the player and the club, we will announce it," said Triaud.

"But the player will have to undergo his medical, so it might have to wait until Monday."

Italian clubs Fiorentina and Roma have also been linked with Faubert.

Bordeaux coach Laurent Blanc had wanted to keep the 23-year-old but is now resigned to losing him after he refused to train with their squad this week.

"It's simple," said Triaud. "The coach wanted to keep the player, but the player wanted to play for another club.

I think any offer that might come would come too late Bordeaux president Jean-Louis Triaud

"Given the player's wishes, we are prepared to consider it, but it would need to be a significant bid.

"With Rangers, the proposition was not significant for Bordeaux. So I don't think the deal will be done."

Triaud confirmed that Rangers had all but run out of time to submit a new bid.

"I think any offer that might come would come too late," said Triaud.

Faubert is reportedly determined to join former Bordeaux club-mate Jean-Claude Darcheville at Ibrox, despite being offered a new contract.

His agent, Philippe Sol, had said: "His only intention is to leave and he wants Bordeaux to do a deal with Rangers.

"Bordeaux are refusing to do that at the moment, so Julien has taken the decision not to train to make his feelings clear."

Faubert's existing contract still has four more years to run and Bordeaux were said to be demanding double Rangers' original offer.