The plans, one of three options currently being considered by the Glasgow club, would see the capacity of the ground rise to 70,000. This would make Ibrox the biggest sporting venue in Scotland, while work would also see the regeneration of the area surrounding the ground.
Rangers would retain the Bill Struth main stand, which is designated as a Category B listed building. The club has also confirmed that the landmark red-brick facade of the main stand would be retained and incorporated into any new plan.
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The club stresses that, at this time, it is assessing these proposals and no decisions will be reached imminently.
"The club would like to inform its fans that it is currently assessing a number of proposals for the development and regeneration around Ibrox," said a Rangers statement.
"At present, we are analysing three strategies which would enhance the development of the existing outline planning proposals for the Hinshelwood area to the south of the stadium."
Scottish Rugby's Murrayfield Stadium in Edinburgh is presently the largest in Scotland, with a capacity of 67,500.
Rangers had previously been granted planning permission to build a casino and hotel complex at the Ibrox site as part of plans for the UK's first regional casino. However, the plans had to be dropped when the project went to Manchester instead.
(NS/JM)
