Ally McCoist (above) remains Rangers manager following talks with the board.
McCoist handed in his resignation on Friday and yesterday was the first chance the board had to meet to discuss his position.
But the outcome of the relatively brief discussions was that McCoist will continue to prepare for his team's next game on Saturday.
Meanwhile, Rangers are fighting an attempt to force them to pay the £250,000 fine levied for the oldco Ibrox club's widespread use of undisclosed payments to players.
A commission set up by the Scottish Premier League handed oldco Rangers the fine in February 2013 after the club failed to disclose dozens of payments worth millions of pounds from 2000 to 2011, breaching league rules.
The commission decided Rangers had gained no sporting advantage and stopped short of stripping the club of titles and it appeared the issue was over as the fine was levied on a liquidated company.
But Rangers say the Scottish Professional Football League - the result of a merger of the SPL and Scottish Football League - is now trying to recover the fine.
A Rangers statement to the stock exchange read: "The board of the SPFL has determined that Rangers Football Club Limited is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation).
"The SPFL has also decided that this sum will be recovered from the club by the SPFL withholding broadcasting money and other sums due to the club but which are paid in the first instance to the SPFL.
"An appeal has been lodged with the judicial panel of the Scottish FA which has confirmed that the decision of the SPFL is suspended pending the outcome of the appeal subject to the SPFL's right to object.
"The board is advised that the sum is not due to SPFL and the appeal will be pursued vigorously."