Rangers chief executive Martin Bain has made Kenny Miller a second new contract offer.
Miller's current deal is due to expire next summer and the 30-year-old striker has turned down an extension which would have seen his basic wage cut.
However, Bain believes he has now come up with a deal good enough to keep Miller, who is reportedly being tracked by Newcastle.
"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 ten 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."
Meanwhile, new Rangers striker Nikica Jelavic has been granted a work permit by the Scottish Football Association.
Subject to paperwork being completed, the Croatia international could make his debut against St Johnstone at Ibrox on Saturday. Jelavic agreed to move from Rapid Vienna to the SPL champions last Friday in a £4 million deal.