Saintsnot givingup onMikey
From Back Page will have a major say in where he wants to play.
Wright said: “The indication from Rangers is they want Michael to come back. But part of that process will be down to what he wants to do too.
“I want to keep him but a few weeks ago Mark Allen indicated they want him to head back to Ibrox.
“So we will see what happens when Michael sits down with them and talks about his future.
“If he’s just going back there to be a bit-part player then it might be in everyone’s interests for him to come back here.”
O’Halloran, whose Gers deal runs until 2020, made a flying start to his return to Saints but his progress has since been hampered by an ankle injury.
The Perth boss admits the attacker’s decision will have a huge bearing on his transfer window strategy.
Wright said: “If he goes we will have to replace him but it’s a case of waiting to see what happens.
“It will be down to what Rangers want to do. If he can come back here then it will be up to the chairman and whether we have the money to keep him until the summer.
“A lot of things can happen in January. I’d like to have my business done for when the window opens but that isn’t the case right now. We’ll have to see what next month brings.”
Wright is eager to build on last week’s win over Rangers but admits Hearts are a tougher proposition under Craig Levein.
Wright, who is set to recall young defender Jason Kerr from Queen of the South loan, said: “Celtic were always going to lose at some point and it took an excellent, high-energy performance from Craig’s team to do it.
“You can see Hearts starting to play the way he wants to. I like the way he sets his team up, they are hard to beat. Craig has already made Hearts better and I have no doubt he will continue to do that.”