Rangers chief executive Charles Green is determined to take the club back to the Champions League in front of an increased capacity Ibrox.
The Third Division outfit are intent on returning to Scotland's top flight before pushing back into Europe's premier club competition and once they do so, will increase the attendance capability of their home venue.
"We wouldn't be frightened of doing it once we know we have the demand - and the top league in Europe would deliver that," he said.
"I had this discussion with Ally (McCoist), who knows this club significantly better than I do. He said if I could deliver consistently being in the Champions League and get into the last 16, then this stadium would not be big enough.
"If and when we get to that position, and I am confident we will, these are discussions the board will happily have.
"With the way the ground is configured, there is great opportunity to fill in the two corners and put another deck above the Argyle, which would substantially increase capacity."
The plan is to increase the capacity of Ibrox from 51,000 to more than 60,000 which would take them past Glasgow rivals Celtic.