Rangers have vowed to "robustly defend" any legal action taken against the club by former commercial director Imran Ahmad.
Reports on Tuesday suggested he is set to launch a £3.4million legal action against the Light Blues for bonuses he says he is owed.
Ahmad left the Glasgow giants in April - 24 hours after Rangers confirmed they were investigating reports that messages posted on a fans' forum were linked to his official club email account.
Ahmad was part of the Charles Green consortium which purchased the business and assets of Rangers last summer.
Green resigned as chief executive in April but has since returned to Ibrox as a club consultant.
Responding to Tuesday's reports, Rangers finance director Brian Stockbridge said: "We are aware of this but it is without legal merit and any action will be robustly defended on behalf of the club and its fans."
Ahmad was quoted on the STV website as saying: "It's true the club does owe me money.
"Charles Green has agreed to tell the truth if it goes to court, ie I am due a five per cent bonus on all the commercial deals I negotiated on behalf of club.
"I am hardly going to turn my back on a bonus which is due to me when I've directly negotiated £67million worth of contracts which benefit the club over the next five to 10 years.
"Neither I nor Charles have ever wanted this to go to court as we are substantial shareholders and in fact Charles had already brokered a deal with the club for a fraction of the full liability but the club has not signed up to it.