Rangers have made striker Kenny Miller a second new contract offer after he rejected the club's opening deal.
Miller has just a year to run on his current deal and he has turned down an extension which would have seen his basic wage cut.
A number of Premier League clubs are thought to be monitoring Miller's situation if he fails to agree a new deal.
However, Rangers chief executive Martin Bain believes he has now come up with a deal good enough to keep Miller at Ibrox.
"I've offered Kenny an extension to his contract," Bain told the Daily Record.
"The dealings I've had with him and his agent over the last week to 10 days have been great.
"It's now up to Kenny. The offer is there and we'd like him to extend his contract.
"He was made an original offer which he rejected and I understood his rationale for doing so.
"Since then we have continued to talk and I have made him a second offer."