Smith had also offered Kris Boyd and then Daniel Cousin in exchange, but Cardiff boss Dave Jones is not thought to be keen on that as he looks for £3million.
As a result Loovens looks like staying at Ninian Park and is due to line up against Ajax in Friday's friendly home encounter ahead of next week's Championship curtain-raiser with Southampton.
Rangers have since signed Charlton's Algerian centre-half Majid Bougherra on Thursday for £2.5million, but it is claimed Smith will make a renewed effort to sign Loovens or at least secure him on a pre-contract agreement in January's transfer window as he is entering the final year of his City deal.



