Former director Dave King is aiming to rid Rangers of the boardroom disharmony that has blighted the club in recent months.
The South Africa-based businessman flew into Glasgow on Friday to hold talks with key figures on both sides of a boardroom power struggle.
King has indicated he would be willing to return to Ibrox in the role of chairman and has scheduled talks with the Rangers board, which currently has just two directors - Brian Stockbridge and James Easdale.
The Glasgow-born tycoon is also expected to meet with the group of shareholders who want to see the appointment of new directors at the club’s annual general meeting.
King told the STV website: “I’m back in Scotland for a series of confidential meetings to establish the best way to take Rangers forward.
“I’m here to see if I can get rid of the disharmony at boardroom level and between the board and the fans.”
Sandy Easdale, a director on the club’s football board and brother and business partner of James, met with King shortly after his arrival in Scotland.
He said in a statement: “I had a very pleasant meeting with Dave King at McGill’s Buses in Inchinnan.
“He’s a very interesting man and I enjoyed his company.
“However, our discussion was private and I will be saying nothing further.”
King’s arrival comes less than 24 hours after the shareholders staged a two-and-a-half hour meeting with the Rangers Supporters’ Trust, Rangers Supporters’ Assembly and Rangers Supporters’ Association.
Clydeblowers chairman Jim McColl, former Blue Knight Paul Murray and ex-Rangers chairman Malcolm Murray told the Light Blues support they are open to the idea of fan involvement if they are successful in their bid to take control of the Ibrox boardroom.
The two Murrays - as well as allies Alex Wilson and Scott Murdoch - hope to win directorships when the club finally holds its AGM some time by December 31.
Minutes from Thursday’s meeting read: “The intention is firmly to work towards proper fan involvement.
“All three of the hosts confirmed their support for this.
“The nitty-gritty detail needs to be addressed but a future shareholder structure where Financial Institutions, high net-worth individuals and individual fans and fans organisations all had significant holdings would be welcomed.
“The group would canvass the support for input before anything was implemented.”
The minutes continued: “Nobody wants or supports extensive borrowing by the club - that model has clearly and consistently been proved to be a seriously flawed one.
“The group stated that they want to build trust between the board and all of the stakeholders in the club and they believe the best way to do that is by appointing quality people.
“They stated that doing that (and reiterated that they believe they have identified such individuals) ensures financial support will follow.”
Rangers are currently operating without a chairman or a chief executive following the recent resignations of Walter Smith and Craig Mather.
But McColl and the Murrays say they have a man in mind to take over the running of the club.
“The hosts have detailed views on financial issues but their main concern is to create a structure at the club led by a quality CEO,” the minutes reported.
“They have identified and had discussions with a suitable candidate who they believe would work with them.
“They have also targeted a highly credible Head of Finance.”