Zura Khizanishvili (right) has become a regular for Rangers

Dundee are due compensation for the defender, who left Dens Park for Ibrox at the end of his contract in the summer, as he is under 24.

But the hard-up Scottish champions have so far only been prepared to offer �100,000 for a player who has already established himself as a first-team regular with the Glasgow club this season.

Dundee chief executive Peter Marr told BBC Scotland: "It's a pittance for a player of Zura's ability and totally ridiculous when you see some of the fees that have been paid in England."

A tribunal recently ruled that Manchester United must pay Sunderland �2m for forward David Bellion.

We are honest people, but Rangers have treated us with disdain Dundee chief Peter Marr

Dundee are expected to submit documentation claiming that the Scottish Premier League club had turned down an offer of �1m for Khizanishvili before his departure.

"We have one or two things that we have up our sleeve that I am sure will weigh the tribunal heavily in our favour," said Marr.

"He was the young player of the year in the Scottish Premier League last season, was player of the month in the last month of last season and in the first month of this season.

"Rangers should see sense and come and talk to us honestly and admit that they have got a great player.

�1.5m demand for Zura

"We are honest people, but they have treated us with disdain."

Dundee's case will be presented by their controversial new financier, Giovanni di Stefano, who has numbered among his legal clients the late Serbian warlord, General Zeljko Raznatovic, known as Arcan, and mass murderer Dr Harold Shipman.

"I think Giovanni is a very clever and reasonable guy and he has argued cases in the highest courts in the land," added Marr.

"We have nothing to lose as Rangers' offer is just ridiculous.

"We paid Raith Rovers �100,000 for Nacho Novo and yet Rangers' first offer was less than that."