Youngster Chris Hegarty has become the first player to sign for newco Rangers.
The Northern Ireland under-21 captain, 19, was a free agent after his previous contract with Rangers expired this summer, but has now committed himself to the new regime by putting pen to paper on a 12-month deal.
Hegarty, who made his first team debut against Linfield in a friendly earlier this year, has yet to make a competitive appearance for the senior side and told RangersTV: "It's massive for me. You grow up dreaming of these things and the dream's coming true for me but I have to make sure it stays that way."
He added: "It's a big opportunity for me so I just have to knuckle down and show what I can do and hopefully next year I'll be in the same position. Obviously there has been a lot of uncertainty over the summer but I always said that I wanted to come back and play for Rangers.
"Hopefully I can help the club win whichever league we're in this season. It's time for us to step up and show the fans what we can do and hopefully show them value for their hard earned season ticket money."
Hegarty was one of 13 players - including fellow free agents Andrew Mitchell and Salim Kerkar - who reported to Murray Park on Thursday for the first day of pre-season training. However, at least 10 players have objected to the transfer of their contracts to Charles Green's new company.
Hegarty said: "It's been hard but as players we can't deal with the stuff that happens off the pitch, it's on the pitch that we can show 100% and win games for the club. I always wanted to come back here as a Rangers player and being a fan of the club I wanted to show my support because they have shown a lot of support towards me.
"It's a good time for young players to be here and the manager has a lot of faith in all the players which always helps. We have to step up and show what we can do. There's not one of the lads here that thinks they aren't good enough to play. We're all here on merit and we want to do well for the club."