Manager Ally McCoist has taken encouragement from Scottish Premier League chief executive Neil Doncaster's comments indicating he would not be opposed to a newco Rangers joining the top-flight.
Doncaster believes there is little difference between a newco route from administration and a Company Voluntary Arrangement (CVA), with the current rules stating that the SPL board has the discretion over how to deal with the request for the transfer of a club's shares.
Asked for his thoughts on Doncaster's remarks, McCoist said: "I would have to be heartened and very encouraged. It's a really tricky and delicate situation because there will be teams who feel we should be punished if it's a newco and we stay in the SPL. I can totally understand that as well. We have to balance things up."
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