It would cost Rangers around £1.2m to sack Philippe Clement, according to reports.
The Scottish Sun claim Ibrox chiefs would have to pay the bumper fee to relieve the Belgian boss of his duties.
Clement has come under increased scrutiny after the Scottish Cup exit to Queen's Park on Sunday as Rangers crashed out in the fifth round to Scottish Championship opposition.
However, Clement appears set to hold onto his post in the Ibrox dugout despite reports claiming "high-ranking" board members wanted to sack the manager.
It's claimed members of the Ibrox board have had enough but there is not enough free funds to dismiss Clement due to the high pay-out necessary.
Clement still has three-and-a-half years left on his current Ibrox deal after signing a contract extension in the summer.
Read more:
Reports on Monday claimed Clement is banking £2.5m per year for his duties at Ibrox.
Veteran journalist Hugh Keevins made the blockbuster claim on Clyde 1 Superscoreboard as he suggested the club could not afford to sack Clement.
Clement had to be escorted out of Ibrox after the defeat on Sunday as furious supporters made their feelings clear.
The Belgian manager was surrounded by security officers as he left the stadium to head to the car park after the loss to Queen's Park.
However, supporters launched verbal criticism at the manager with a chorus of boos - similar to what was heard at full-time inside Ibrox - as Clement left the stadium.
