Rangers chief executive Charles Green is hopeful that his club will be given a SFA membership within the next 24 hours.
Part of that deal will allow manager Ally McCoist to make some new additions to his squad, before a 12-month embargo comes into effect on September 1.
"We are making good progress. I spoke to the chief executive of the SFA, Stewart Regan, this morning and that went very well, Green told the club's official website. "I have also just spoken to Neil Doncaster and I will be meeting both of them later today.
"I'm really hopeful now that within the next 24 hours we can have this thing signed and sealed and Alastair can start loading his players on a team coach to go up and try to win a match on Sunday. Most of the things are now clear to all parties.
"As far as I am concerned now we have no outstanding issues with the SFA. It's now purely process and documentation. We have no issues with the Football League and just some minor points to resolve with the SPL and I'm hopeful we can to that today."
Rangers will play their football in the fourth tier of Scottish football next season.