Northern Ireland boss Ian Baraclough says Rangers are in a privileged position to have the option to sign Steven Davis on a new deal at Ibrox.
Davis, now 37 and in the autumn of his career, is out of contract this summer and a question mark hangs over his future with the Old Firm giants.
Motherwell and St Mirren have been linked with moves for the veteran midfielder although a short extension at Rangers remains a possibility.