The struggling SPL club have been told it could be possible that they would start the upcoming campaigns on minus 10 points if proposed reforms to the league go ahead in May
Rangers could face 10 point deductions for the next two seasons if SPL chiefs pass proposed changes to the league surrounding issues involving financial health.
The Glasgow club are facing liquidation and administrators of the club have admitted that the news of these proposed changes has delayed the sale of the club, which was expected to be finalised soon.
The changes would see the administration penalty rise from 10 points to 15, as well as insolvency carrying a deduction of either 15 points or a third of the club's point total from the previous season.
Rangers' plans to transfer their assets into a new company would only be able to be passed if all of the SPL clubs accepted the plans.
An SPL spokesman spoke of the possibility of these changes being made: "If adopted the amendments to the Articles and Rules will have effect from and including 14 May 2012.
"No further comment will be made in respect of these proposals until after the general meeting on 30 April at which they will be considered by the clubs."
Administrators of the club have backed the changes, but admitted that it has stalled talks between them and potential buyers after they expected to announce the new owners on Wednesday.
Paul Clarke, co-administrator, explained: "As administrators we had hoped to announce today [April 11] the acceptance in principle of an offer for the purchase of Rangers Football Club, which would be followed by a period of exclusivity while due diligence is undertaken.
"Regrettably, this is not now possible as we were informed over the Easter holiday period that the SPL is proposing to consider at a general meeting on April 30, significant rule changes in relation to clubs which find themselves in an insolvency situation.
"The effect of such revised measures being considered at this juncture is that we, as administrators are duty bound to inform those parties who have submitted bids of the proposed resolutions the SPL intends to consider. Failure to do so would constitute material non-disclosure on our part, which is a serious matter.
"Inevitably, bidders are now considering this information and will have to take a view as to whether it will affect their individual bids as they now stand.
"We hope to receive feedback from bidders as soon as possible in order for us to take the sale process forward as quickly as we can.
"We fully respect the right of the SPL to review its own rules and regulations and will not comment on the detail of what is being proposed for the meeting on April 30 at this stage.
"However, the fact that such measures are being considered at such a sensitive point in the sale process at Rangers is disruptive and regrettable. We hope to issue a further update by the end of this week."
