With quotes reported by the Daily Express, Kenny McDowall admitted that that former Rangers boss Walter Smith would provide the club with a boost if he returned as manager.
McDowall is currently serving a 12-month notice period in charge of Rangers having resigned in January - just a month after his predecessor Ally McCoist had also resigned.
Now with Dave King and his consortium in charge at Ibrox, plans are being made for a new permanent manager to come in, preferably before the end of the season.
The likes of Billy Davies, Felix Magath and Stuart McCall lead the way with the bookmakers, but a familiar face is being touted for the job in Smith.
On Sunday, Smith told Sky Sports that whilst he wasn't necessarily angling for a return to Ibrox, he couldn't definitively say no to the possibility of coming back to his former club.
Smith led Rangers to seven successive league titles in the 1990's, before adding three more to his name when he returned for a second spell after being in charge of Everton and Scotland.
At 67, it would certainly be a surprise to see Smith back in the Ibrox dugout - but with the link gathering pace, McDowall told the press that he would provide a real boost to the club, as reported by the Daily Express.
"Walter would absolutely give the place a lift," said McDowall. "He’s a great man and has done so much in the game. It’s not for me to decide. It’s for Walter to discuss with the board, if that’s the case."
"We had a very successful time when he was here but times are different. It’s been a tough, tough period we’ve had since he left," he added.
Rangers are currently vying for promotion to the Scottish Premiership, but have won just one of their last four games, and are at a low ebb after a 0-0 draw with Cowdenbeath on Saturday - a week after they had lost 10-0 to Hearts.
Somebody needs to come in and give the club a real lift for the run-in to the end of the season - and whilst Smith would certainly offer that, it would be a surprise to see him make another return to Ibrox.