KRIS COMMONS expects major changes to occur at Ibrox this summer with many of the current Rangers squad moving on.
A number of Giovanni van Bronckhorst's team are reaching the end of their contracts and some are already out of contract this summer.
Commons also expects bids to come in for some of Rangers' prized assets and he expects the club to cash in.
"The cycle of this team is now at an end after being built over the past four or five years," he told the Daily Mail.
"It is inevitable that there is going to be an exodus of senior players from Ibrox this summer, with Allan McGregor and Connor Goldson chief among them.
"Steven Davis also looks likely to depart. Clubs will undoubtedly be interested in the likes of Joe Aribo, Ryan Kent and Alfredo Morelos.
"All three of them could easily go for the right price, especially since they are now entering the final year of their contracts. The club shouldn't have allowed them to run down their deals.
"It could also be the perfect moment to cash-in on the outstanding Calvin Bassey, who was superb in both the Europa League and Scottish Cup finals.
"Right now, he's Rangers' top asset.
"So there is going to be a major rebuild at Rangers this summer. But it's not something the club should fear. It's a natural process that this team has reached the end of the road.
"Instead of fearing the idea of losing several key players, Rangers need to be proactive in this process and act quickly and decisively.
"Why? Because they still have a chance of reaching next season's Champions League, which would have a transformative effect on the club's finances.
"Rangers can't afford to sit and twiddle their thumbs. When it comes to the Champions League qualifiers, they only need to look at what Celtic did over a number of years.
"Almost every season without fail, you had all this uncertainty around key players in terms of hanging around to wait and see if the club managed to reach the group stage.
"Celtic became notoriously slow with getting their transfer business done every summer. It became a running circus year after year that they would go into the European qualifiers with a half-baked squad.,
"They would then go and make some panic buys late in the window Shane Duffy, Diego Laxalt, Albian Ajeti to try and save face.
"This is where the likes of sporting director Ross Wilson has to earn his money for Rangers. As soon as the final whistle was blown at Hampden on Saturday, he had to turn his focus on to the inevitable rebuild."