It will be a summer of change at Ibrox. Whether it is classed as a rebuild or a revamp ultimately matters little.
What is important, though, is that Rangers emerge stronger from it and are heading into the new season in a better position than they will leave this wretched campaign behind.
The work that Michael Beale does in the transfer market will shape Rangers' fortunes and determine his own fate. This is the chance that he has been waiting for since he replaced Giovanni van Bronckhorst and he must make the most of the opportunity that will arrive in a matter of weeks now.
The Rangers manager must always be the most important and most accountable figure at the club. It is he who drives the standards and sets the ethos around Ibrox and Auchenhowie, he who accepts the praise in glory or pays the price of failure.
READ MORE: The key Rangers issues James Bisgrove must address as Ibrox CEO
But those that sit above and beside Beale in the organisational chart are also entering their own time of reckoning. For John Bennett and James Bisgrove, this is their chance to do things their way.
It is more than a month since it was announced that Douglas Park was resigning as chairman and that Bennett, his deputy since Park replaced Dave King three years ago, would be stepping up to lead the board. Nothing more has been said in public but the actions behind closed doors have spoken volumes.
The departures of Stewart Robertson, the managing director, and sporting director Ross Wilson have satisfied supporters. Craig Mulholland, the head of academy, will step down at Auchenhowie in the coming weeks, while Andrew Dickson is vacating his role as director of finance and football administration.
It is certainly more than a reshuffle and it comes at a time when Rangers must regroup and reset. Changes have been overdue for some time now and breathing space must be given, even at a club where patience is hardly a common commodity, to those that are remodelling Rangers at all levels.
Bennett has long been a driving force at Ibrox, and not just in financial terms. His continued and selfless investment has been integral to restoring Rangers' fortunes in a business sense and it is now Beale that will benefit from the backing of the chairman and the band of money-men that remain committed to the cause.
The position of chairman is an honour that Bennett won't treat lightly. He understands the office and respects the history but his rise to the top seat in the boardroom gives him the scope and power to influence the future in an even greater manner.
On a day-to-day basis, that process will be overseen by James Bisgrove. Promoted from his berth as director of commercial and marketing, Bisgrove will assume the title of chief executive officer when Robertson leaves Rangers at the end of July.
Bennett praised the Englishman's 'outstanding credentials' in the commercial department and stated that he was 'ideally positioned to drive the step change in energy and restructuring that is now underway'. A couple of weeks on, that work has been laid bare and will continue.
Sooner rather than later, Bennett and Bisgrove will set out their blueprint to supporters. Rather than try to make quickfire impressions with platitudes and cliches, time has been spent laying the foundations for how they wish to see Rangers run off the park and how that then feeds into the on-field results that will define their legacies, alongside that of Beale.
The Bisgrove era can be judged on three key pillars - communication and engagement, financial sustainability and sporting success - and the coming weeks offer opportunities to win over the doubters within the support. Given how this term has unfolded, Bisgrove has ample room for improvement in all areas and a new era has arrived at Ibrox.
The way in which this regime interacts with the punters and the Press will be indicative. Progress has been made in that regard in recent months and Rangers are moving towards becoming a club that wants to work with rather than work against once again.
READ MORE: It's time for change at Rangers after Park, Wilson and Robertson exits
A fans' forum session at New Edmiston House next month is an encouraging sign and Bisgrove must be more visible and more accountable to those that pay his wages than Robertson has been in recent seasons. A more polished operator in front of the cameras, Bisgrove will be expected to own the failures as well as the successes.
Bennett's own concerns over communication were evident in a RangersTV interview earlier in the campaign and it is an area the new chairman is keen to improve on, with the first steps set to manifest themselves in the coming days and weeks. That will bring the fans closer to the club once again and help nurture a feeling that will overlap into the other two main areas of the nine key priorities that Bisgrove presented to the board.
Details on how Rangers plan to further increase the record commercial revenues would be welcomed, as would updates on their relationship with the SPFL following the cinch sponsorship row and fall out from the latest TV deal. Both the chairman and the chief executive understand the value in making friends and influencing people and Rangers must establish themselves as decision makers and agenda setters at the highest levels in Scotland once again.
That process will be easier if Beale can hold up his end of the bargain and the strength of the relationship between the three will be pivotal. It is Bennett and Bisgrove that will set the bar and it is Beale that must raise it as he prepares to get down to business and build a squad in his name and his image.
There will be no overnight fixes for any of the trio. Immediate improvement is a must, though, as Bennett, Bigrove and Beale seek to ensure familiar mistakes are not made once again.
The rebuild in the boardroom and dressing room is underway. The more things change, the more they stay the same? Time will tell.
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