Rangers winger Sone Aluko has rejected the transfer of his contract to the 'newco' version of Rangers, according to Sky Sports News.
The Glasgow club will learn on July 4 if they are to be granted a place in next season's Scottish Premier League.
'Club 12' took the final slot in the SPL fixture list and Rangers will only take up this position if they receive an 8-4 majority when the other SPL clubs - including 'oldco' Rangers - vote on their future.
If Aluko has rejected the transfer offer, he will follow young midfielder Rhys McCabe in turning his back on 'newco'.