Rangers boss Ally McCoist says the club will emerge from administration in a stronger position.
The Gers were forced into administration on Tuesday over an unpaid tax bill of £9million, and even though McCoist described it as black day in the club's history, he says they will come through it stronger.
Rangers have now all but conceded the SPL title to arch rivals Celtic but McCoist is urging everyone at the club to pull together for the remainder of the season and beyond.
"That's the aim," McCoist told the club's website. "That's the thing we want to assure the fans and the players and the workforce of.
"We will be doing everything to make sure Rangers comes out the other side far better and far stronger.
"There's no getting away from it. It has been a very disappointing and black day. We have 140 years of fantastic history at this football club but the most important thing is that we look to the future and the next 140 years.
"Going into administration obviously wasn't ideal but it's the opinion of many people that it might be the best thing for this football club.
"Everybody at this club wants the club to continue, which it will do that's for sure, and this might just be the best way forward.
"So we have to adjust to what's happened, react to it and take the club forward and we aim to do that."