Star striker Francisco Sandaza has been suspended by Sevco.
Sandaza was involved in a phone call with spoof football agent Jack McGonigle discussing his salary during a conversation about a possible switch to the Major Soccer League in North America.
During the conversation the highly rated Spaniard explained that his current contract of £4,500 per week would rise to £10,000 per week in the fourth and final year.
The interview was given wide coverage online with Sevco making a statement this afternoon. It said: “FRANCISCO Sandaza has been suspended by the club pending an investigation into comments made by the player in a recorded telephone conversation.
“The club, Francisco and his agent have had discussions and manager Ally McCoist also spoke with the player, who did not take part in today’s training session.
“Francisco will not return to the club while the investigation is underway.
“Rangers regard this is an extremely serious issue but there will be no further comment until the inquiry, which could take a week, has been completed.”
It is unclear if Sandaza will be paid while the investigation goes on.
The Spaniard is likely to have the backing of PFA Scotland (the players union) who are already involved in a number of disputes with the Ibrox side attempting to claim compensation for players who refused to TUPE following the liquidation of Rangers in the summer.
Sandaza joined Sevco in the summer as a free agent following a successful season at St Johnstone but has failed to establish himself at Ibrox where Lee McCulloch is the first choice striker.