Members of Rangers’ first team squad have contacted the PFA Scotland union seeking advice over the possibility of the club going into administration.
The Ibrox club filed papers to the Court of Session on Monday signalling their intention to appoint an administrator. The club now has ten days in which to announce administrators have assumed control.
It is understood players have made contact to clarify how administration would directly affect them, as well as asking questions over what would happen if they were to lose their jobs.
Rangers manager Ally McCoist has already held a meeting with chairman Craig Whyte, chief of operations Ali Russell and board member Andrew Ellis over how he may be affected, should the club press ahead with the appointment of an administrator.
Duff and Phelps, described as a “specialist restructuring practice”, have been appointed to advise the club over how it should proceed.
If Rangers enter administration, they will be docked ten points by the Scottish Premier League.
The club would also be prevented from signing players either on a permanent or loan basis, except in the case where an emergency goalkeeper is required.
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