Stubbs has no intentions of selling Scott Allan to Rangers this summer, and he has told the Daily Record that he will let the player see out his contract if it means he stays at the club this season.
Stubbs said: “Hibs have issued a statement and that is our stance. Nothing has changed. I can categorically say Scott will not be going to Rangers. Scott has a year left on his contract and our stance is the same as it was two months ago. We as a club are prepared to let Scott run his contract down.”
Although letting Allan see out his contract with Hibs means they get the benefit of his talents for another campaign, it also means the club risk losing him for free next summer, rather than making a sizeable profit on him.
They signed him last summer as a free agent, and the BBC have claimed that Hibs have rejected an offer of roughly £225,000 for Allan from Rangers.
They would prefer to keep ahold of him this season - rather than selling to Rangers and strengthening a promotion rival - and risk losing him for free when his contract expires.
It is unlikely that this stance will stop Rangers making further offers for Allan, as the talented midfielder is clearly a player who Mark Warburton admires, but Hibs have no desire to sell him this summer.