Just a day after being beaten 2-0 at Hampden Park by their biggest rivals Celtic on Sunday, Rangers had better news to give their fans.
On the final day of the transfer window, Rangers brought in a total of five players, all coming up from Newcastle United - largely thanks to shareholder Mike Ashley.
Ashley is also owner of the Magpies, and seems to have brokered a deal where five Newcastle players have moved up to Glasgow to play for Rangers.
Defenders Kevin Mbabu and Remie Streete, winger Shane Ferguson, midfielder Gael Bigrimana and forward Haris Vuckic swapped black and white strips for the blue of Rangers, all signing loan deals until the end of the season.
It's a huge boost for Rangers, given that they are 16 points behind Scottish Championship leaders Hearts, and need all the help they can get in a bid to claim top spot - and subsequent promotion back to the top flight.
Manager Kenny McDowall has been speaking about his new arrivals to the Rangers official website, and singled out two players for praise after their first training sessions.
"Gael [Bigirimana] is very bright and was lively in the training session. He is a good football player as I would expect them all to be. They all just need to get to know their new teammates and get settled in to the place," said McDowall.
"[Haris] Vuckic scored an excellent goal in training today and seeing that was more than welcome. The lads are all good players and we've welcomed them all into the squad," he added.