The striker has seen much of his time at Ibrox blighted by injury but, now fully fit, has impressed in the period since the Glasgow giants were plunged into administration.
He has featured in six of the seven games since Duff and Phelps took control of the club’s affairs on 14 February and scored on three of those appearances.
The Northern Irishman is out of contract in the summer and hopes he can impress enough to extend his stay in Govan but is well aware his efforts could be in vain if Rangers are unable to offer him a new deal.
Little told RangersTV: “If the club is in a position where it is out of administration and able to offer me a contract then great, but I’m also aware that might not be the case. I might have to move on and there were definitely times in the past when I was injured that I thought I had maybe played my last game for Rangers.
“Having got the chance now to play it would be a real shame for me to have to leave given the circumstances of the club and not down to how I’d performed. I feel I’ve done well enough to be offered a new contract and to stay and if the club isn’t able to do that, it would be a shame but that’s unfortunately the position that we’re in. I know I can play at that level and I’ve really enjoyed it so I hope it’s not my last games, I hope I have many more games for Rangers.”