According to BBC Scotland, Chairman Malcolm Murray could be on his way out at Rangers after losing a vote of confidence at a board meeting following on from the demise of Chief Executive Charles Green.
The Rangers board are thought to be keen for Murray to stand down following an internal investigation into the ex-chief executive links to the former owner Craig Whyte.
Former Rangers manager Walter Smith, now a non-executive director, is said to be unhappy with the vote and was close to resigning following Monday's talks. Green brought Murray to the Glasgow club last June on the day he completed his purchase of Rangers' assets in a deal worth £5.5m and owns about 8% of the business.
Murray has little to do with the day-to-day running of the club but Green and commercial director Imran Ahmad have since resigned their posts following allegations over the dealings with Whyte, who steered the club into administration in February 2012.
Both are fighting to clear their names and the Gers fans will not want the club tarnished any more after taking its punishment and playing in the third tier of the Scottish Football league.