Manager Ally McCoist is confident Rangers will continue in some shape or form beyond this campaign.
The stricken Glasgow giants travel to St Johnstone on Sunday for their final Clydesdale Bank Premier League game of the season. But while the football is set to come to an end for now, talks will continue behind the scenes as administrators Duff and Phelps try to find a suitable buyer.
Asked whether it has crossed his mind that the trip to Perth could be Rangers' last game, McCoist said: "It hasn't because I don't believe that will be the case. I'm not walking about with blinkers on, my eyes are very much open to the situation. But the club has to go on, it will go on, it must go on."
Sale Sharks owner Brian Kennedy and the Blue Knights took their offer off the table on Sunday, claiming it is now too late to push through their favoured method of exiting administration via a Company Voluntary Arrangement.
American tycoon Bill Miller also withdrew from the process on Tuesday just days after being named preferred bidder.
Administrators said on Friday night that discussions with two bidding parties were at "a very advanced stage", with one of the groups involved in discussions reported to have links with former Sheffield United chief executive Charles Green.
McCoist is familiar with one of the individuals involved with one of the groups. He said: "It's not for me to say who that is. I would be very positive about this gentleman.
"I don't know him, to be honest with you. I've never met him. But the administrators have told me a bit about him and anything that is a step in the right direction would have to be positive news."
Players will revert back to their original contracts at the end of the month after agreeing wage cuts of up to 75% in March until the end of the season to avoid widespread redundancies. McCoist would be reluctant to see his squad asked to extend that period of cuts further.
He said: "There has been an awful lot asked of the players this season and they have been great but hopefully they won't need to be asked that question again in the future."
Source: PA
