Just when things seemed to finally be moving in the right direction at Ibrox again after 12 months of turmoil, a week of off-field controversy is threatening to derail the whole project once again.
First of all, star striker Fran Sandaza was sacked by Charles Green after falling victim to a hoax call where he was coerced into revealing sensitive contractual details in an apparent attempt to engineer a move to the MLS, believing that he was talking to an agent when in fact he was speaking to an internet prankster.
Then, Ally McCoist’s chief scout Neil Murray was removed from his position by Green following a period of suspension and a subsequent investigation into his conduct over the last year.
After wielding the axe, Green put his foot in it himself by making a racist remark to a tabloid reporter, then compounding his error by initially refusing to apologise, instead citing political correctness gone mad.
He eventually issued a full and unreserved apology on Wednesday, but it came too late to prevent him from being hauled in front of the SFA’s compliance officer for the offence.
As the Rangers fans cringed at that faux pas, more revelations appeared in the broadcast media on Tuesday when Green was accused of being in cahoots with former owner and Ibrox pariah Craig Whyte after a recording emerged which appeared to show the pair negotiating a deal, although Green has since denied the allegations.
Then, in an interview on Scotland Tonight that was supposed to see him put across his side of the story, he bungled his way through, making slip-up after slip-up, appearing to contradict himself at every turn and being unable to back up claims he had made which, it was suggested, were not entirely factually correct.
Rangers fans took to Twitter to vent their frustration at their enigmatic owner, who, just a few months ago, was seen as the saviour of the Ibrox club but is now being viewed with considerably more suspicion.
And while all this was going on, rumours were surfacing that Green was preparing to axe McCoist’s back-room team of Ian Durrant and Kenny McDowell, much to the fury of the Light Blues manager.
All this comes just two weeks after the club won the Third Divison title and just a few days after they beat second-placed Queen’s Park 4-1 at Hampden.
It really is like a soap opera down Govan way once again, except surely even a script-writer would think that some of the goings-on were too ridiculous even for fiction.
As the latest drama unfolded, Rangers were in friendly action on Wednesday against Irish side Linfield, winning the match 2-0 thanks to goals from Chris Hegarty and Lee McCulloch.
If the game proved anything it was that, despite the circus going on off the field, the players are still capable of getting a result on it.
And this is what I suspect will happen on Saturday when Clyde come to Glasgow in the Third Division.
Jim Duffy’s side have won four of their last six games but they have lost all three encounters with Rangers this season heavily – 4-1, 3-0 and 2-0 – and haven’t even taken a point against the champions since January 1980.
You have to go back even further, to 1970, to find the last time they took all three points, and as far back as 1956 to find the last time they triumphed at Ibrox.
This explains why the Gers are just 2/25 to pick up all three points again, compared with odds of 15/1 on an away win and 15/2 on the draw.
With the odds on a home win so short and the odds on an away win or draw reflecting an outcome that isn’t really worth betting on, the best way to make money in this one could be backing more than 2.5 goals in the game at odds of 11/25.
This bet would have paid out on the last two meetings between the sides and new customers to bwin who use their free £20 bet to back this outcome stand to win £28.80 if successful.