The Rangers Fans Fighting Fund have vowed to take 'appropriate action' against any rival club they feel is trying to hinder the Ibrox cause.
Any action taken by the Gers supporters depends on the outcome of an appeal against league sanctions forced on the Glasgow giants.
Rangers have appealed against a £16,000 fine and a 12-month transfer embargo imposed by a Scottish Football Association judicial panel.
They are also waiting on the outcome of a Scottish Premier League vote on financial fair play proposals, which is due to take place on Monday.
After hosting a meeting of fans' representatives at Ibrox on Saturday, former Gers player Sandy Jardine said: "We will wait to see what the SPL and the SFA do with the supposed sanctions and, after that, we as a body will take appropriate action against either the governing bodies or the individual clubs we feel have been detrimental to Rangers Football Club.
"There is nothing off the table, we will wait and see what the SFA and SPL do.
"They might not take any action, which is great. But if they do then we will address these actions in an appropriate manner."
Jardine refused to comment on whether clubs who vote for the SPL proposals would be targeted by fans, with a boycott of away grounds the most likely action.
And when asked how they would decide and discover which clubs were deemed to be acting unfairly towards Rangers, Jardine said: "Not all clubs are against Rangers, we have some friends out there. We will find out one way or another."
Jardine was speaking before leading a march to Hampden to protest against the SFA's actions, which were mainly brought on a disrepute charge.
"The supporters want to demonstrate a united front and the feeling over disgraceful decisions against our club," he said.
"There is a feeling in the supporters' group that they have been kicked that much, that if we have to we will go to the Third Division."