Ally McCoist says he would back an agreement between Rangers and Hearts over payment for Lee Wallace that could help the Edinburgh club's battle for survival.
Hearts were this week issued with a winding up order by Her Majesty's Revenue and Customs over a tax bill of almost £450,000. Jambos chiefs have asked fans to help raise the cash through tickets for home matches and a recently launched share issue, admitting next week's game against St Mirren could be their last.
Rangers reportedly offered to renegotiate the terms of the Wallace deal, with £800,000 still owed to Hearts following the defender's switch to Ibrox for £1.5million in July 2011. McCoist said: "I don't know anything about it to be honest. But anything that would help Hearts would be a great thing."
He added: "It goes without saying that Hearts have been an integral and massive part of Scottish football for a long, long number of years and we don't want that to change."
The bulk of the Wallace payment is due next summer but reports suggest the Light Blues offered to pay a reduced figure of £500,000 now to close the deal and ease the financial pressure on Hearts, which has reportedly been rejected.
Rangers were plunged into administration in February and consigned to liquidation in the summer, before being re-launched as a newco.
McCoist added: "If dialogue has been made, and they can come to some agreement, then that would be great."
The Rangers boss was satisfied with his team's 2-0 win over Peterhead in the absence of injured defensive duo Emilson Cribari and Ross Perry, who could be sidelined for up to five weeks if surgery on a hernia problem is required.
McCoist said: "Other than a scare in the first couple of minutes, I thought we were fairly solid.
"To be fair, I would have settled for everything we got today, which was an efficient, solid performance, with a couple of well-worked goals. With our two centre-halves hobbling off the pitch injured yesterday, I would have to say I'm absolutely delighted with the day's work."