Hearts Director of Football Craig Levein has told The Scottish Sun that Rangers must pay a compensation fee for midfielder Jason Holt.
Holt, 22, has arrived at Ibrox on trial in a bid to win a contract until new manager Mark Warburton, with the Scot available after his Hearts contract expired.
The midfielder spent the second half of last season on loan at Sheffield United, and with five goals in 15 games, he made an impression at Bramall Lane.
Now though, Holt is looking for a new club, and Rangers are considering a deal for the diminutive playmaker after he arrived in Glasgow for training on Monday.
However, Rangers have been warned out a potential move for Holt. Having come up through the ranks at Tynecastle, Hearts Director of Football Levein - formerly manager of Scotland - has told The Scottish Sun that Rangers must pay a compensation fee if they are to sign Holt this summer.
"Rangers won’t get him for nothing," said Levein. "The rules are there for compensation and a discussion will have to take place if Rangers want him.
"Jason is a good player. At this time and in the position he plays, other people were more likely to start than he was. He’s training with Rangers and I hope that works out for him. He’s a good kid. “He wants to play and at his age I completely understand that."
"It’s up to Jason and Rangers what kind of impact he makes, if he can get in there and get a regular place. I wish him all the best but I’m not too worried how Rangers get on next year. But, it would be good to see him back playing," he added.
What would Holt offer Rangers?
Holt, a former Scotland Under-21 international, has established himself as a midfielder who has the ability to get forward and contribute with goals from midfield.
With Rangers also considering a move for veteran midfielder John Eustace, Warburton would need a young, vibrant midfielder to do the running alongside Eustace - and that's exactly what Holt could offer if he signs.
It's unclear just how much Rangers would be forced to pay for Holt, but given that the player has bags of potential, Warburton could do worse than take a chance on Holt this summer.