Mark Walters has urged his ex-side Rangers to be "selfish" and seek an exit from Scottish football.
Rangers chief executive Charles Green says the club have "moved on", 12 months after the start of the chain of events that has ended with them playing in Scottish Division Three.
Rangers winger Barrie McKay has signed a new five-year deal with the club.
The independent commission appointed to investigate undisclosed payments made by Glasgow Rangers to players between 2000 and 2001 has begun hearing evidence.
Rangers chief executive Charles Green will recommend the club quit Scottish football before plans to reconstruct the league system are pushed through.
Scottish Football Association chief executive Stewart Regan has confirmed that a 12-12-18 league structure has been agreed ahead of a vote on sweeping changes to the game in the country.
Rangers announced on Tuesday that they have raised more than £22 million from their listing on the stock exhange.
Her Majesty's Revenue and Customs (HMRC) has announced it will appeal the outcome of 'the big tax case' involving Rangers.
Rangers chief executive Charles Green has called on the Scottish Football League (SFL) to make sure a repeat of the Elgin City ticket fiasco last weekend does not happen again.
Rangers' Scottish Third Division game against Elgin has been called off because too many tickets were sold for the Sunday lunchtime clash at Borough Briggs.