Inverness reject Hibs' Rankin bid
Inverness Caledonian Thistle have rejected a second offer from Hibernian for midfielder John Rankin.
Director of football Graeme Bennett told BBC Sport: "Both offers were better than those previously received from St Mirren and Falkirk.
"But they still did not meet our valuation of the player."
The 24-year-old Rankin had been told that he could find a new club but has recently won himself a regular starting place with the SPL outfit.
And Inverness have indicated that they are looking for more than the ?65,000 they paid Ross County for the left-sided player in the summer of 2006.
A move to Easter Road would see Rankin, who still has a year-and-a-half on his contract, reunited with Donald Park, the new assistant manager at Hibs.
Park left the same role at Caley Thistle in November, citing family reasons.
And Mixu Paatelainen moved for Park last week when he took over the manager's job at the Edinburgh club.
St Mirren are believed to have approached Inverness with a ?40,000 bid for Rankin, but that was dismissed along with a slightly improved offer.
Rankin began his career at Manchester United but moved to Ross County in 2003, having failed to break through at Old Trafford.
He has netted three goals in 18 appearances this season but was not included in the squad for the Scottish Cup defeat by Hibs on Saturday.