The Scottish Football Association (SFA) will not appeal against a court ruling that declared the 12-month transfer embargo imposed on the club was unlawful.
Rangers were hit with a year-long ban on signing players over the age of 18 by the governing body following its recent administration, but the punishment was overturned by Judge Lord Glennie.
The SFA have now released a statement confirming that they will accept the judge's decision, but expressed regret that the matter ended up in court.
"Football must always operate within the law of the land," the statement read.
"Nonetheless, it is regrettable that a member club has sought recourse for a football disciplinary matter through increasingly costly civil court action.
"The right of appeal is now open to the Scottish FA through the Court of Session.
"However, by so doing, the very principles on which the Scottish FA - and, for that matter, UEFA and FIFA - are founded, namely football disciplinary matters being dealt with within its own jurisdiction, would be fundamentally compromised.
"Therefore, it is our intention to accede to Lord Glennie's request and refer the matter back to the appellate tribunal, which will consider the remaining sanctions open to it.
"Details of a new hearing date will be confirmed in early course."
Rangers will remain under transfer embargo while they are in administration, but recent reports suggest that could end as early as July 12.
Mark Langshaw
