Steve Jennings has been offered a new contract at Tranmere by manager Ronnie Moore. However speculation continues that he may not agree a new deal and look for a new club.
Mid-fielder Jennings played eleven times for the Bulls whilst on loan from Tranmere during the latter part of the 2006/07 season.
According to recent reports in the North West press, Tranmere are operating with losses of around £1million a season and may have to reduce their expenditure on players.