Last Updated: Mon, 22 Jun 2009 10:17
Christian Dailly is due to hold more talks with Walter Smith this week over a possible contract, but thinks a new deal is 'unlikely'.
The former West Ham and Blackburn man joined the Gers in January 2008 and signed a one-year contract extension last summer, but it looked like the Scottish Cup final win over Falkirk would be his final game for the club.
Dailly was then released by the double winners and it looked like the 35-year-old would be seeking a new club this summer, although a further deal at Ibrox has not been ruled out.
The Scotland international revealed: "I spoke to Rangers at the end of the season and I have to go back and speak with the manager again.
"We said that after three or four weeks we would have a chat again so that's what we will do."
He added: "In an ideal world, I think the manager would like me to go back, but I don't think a lot of those decisions will be in his hands because obviously it looks like there will be a lot of financial restrictions.
"I wouldn't rule it out completely but I think it is probably unlikely."