Rangers newco chief executive Charles Green and manager Ally McCoist arrived at Hampden this morning ahead of the SPL annual general meeting.
Green's bid to acquire Rangers' share in the competition was rejected by SPL clubs on July 4 and his club were subsequently voted into the Irn-Bru Third Division.
Green drove into Hampden's underground car park this morning alongside Ibrox football administrator Andrew Dickson, with McCoist arriving in a separate car just before the meeting was due to start at 10am.
No-one from the SPL was immediately able to confirm why McCoist and Green were present at Hampden.
They may be representing the original Rangers, which is still being run by administrators Duff and Phelps after the assets were sold to Green's Sevco Scotland company. Rangers' share in the competition has not yet been passed to another club.
But McCoist's presence in particular will fuel speculation that the issue of the Ibrox club's destiny did not end with the SFL vote on Friday.
Reports of a possible U-turn have been dismissed by Aberdeen, Dundee United, Hearts and Inverness since Friday's vote, while the likelihood of an immediate SPL2 breakaway also appears remote given that 25 SFL clubs voted against the plan to re-launch Rangers in the First Division.
The main issue on the agenda was expected to be which club would replace Rangers in the SPL, with relegated Dunfermline and Irn-Bru First Division runners-up Dundee still unsure which division they will play in next season.