Former Rangers commercial director Imran Ahmad has succeeded in his bid to have £620,000 in cash frozen in the club's bank account.

Lawyers for Mr Ahmad claim he is owed a £500,000 bonus for the time he spent working at the Scottish championship side.

They went to Edinburgh's Court of Session because they fear that Rangers are about to become insolvent. Mr Ahmad is set to take his former employers to court later this year and is concerned that if he were to win his action, Rangers would be too poor to pay him.

His legal team failed on two previous occasions to obtain the order ordering Rangers to put the money aside.

But today, after hearing claims that Rangers were becoming wealthy and were the "envy of English premiership sides" for their financial position, Lord Stewart ruled that there was still a "risk" of the Glasgow side becoming insolvent.

After being told that Rangers currently have £1.2 million in cash in their bank accounts, Lord Stewart ordered that the money be set aside immediately.

He added: "I have a great deal of sympathy for Rangers fans who are bystanders in these events. I have formed the view that there is a risk of Rangers becoming insolvent.

"That is not to say there is an actuality or a certainty that insolvency is something that will happen. At this stage, it is only a risk."

Lord Stewart came to his decision on the second day of proceedings at the Court of Session. Rangers want to appeal against the decision saying the judge has committed a legal error. A hearing to decide whether the appeal should go ahead will be heard on Tuesday.