The Scottish Football Association has defended its decision to fine Rangers and impose a transfer embargo following its investigation into the troubled club.
The governing body has come under fire from administrators and Rangers supporters groups after it issued a £160,000 fine and placed a 12-month transfer embargo on the club.
Rangers have called for an immediate appeals process to be set up and SFA chief executive Stewart Regan is awaiting their next move.
In a statement he said: "I can fully understand the fear and frustration felt by all Rangers fans throughout the most difficult period in the club's history.
"The Scottish FA has a responsibility to all its members and must implement its rules without fear or favour."
"It is important the Scottish FA, as the governing body, works in
association with the Scottish Premier League and Scottish Football League to reinvigorate the national sport.
"Rangers have been part of the fabric of Scottish football's history and are integral to its future prosperity.
"The Scottish FA must act with integrity and with the best interests of the game at heart. It is with this in mind that we await any appeal from the club."