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Rangers are "in the process of issuing lifetime bans" to those responsible for a banner that has led to a suspended closure of the Copland Stand from Uefa.
The stand at Ibrox, which holds around 8,000 fans, will be shut for one game if there is "a repeat of racist and/or discriminatory behaviour" during European matches within the next two years.
Rangers have also been fined €30,000 (£25,000) for the offensive banner, which was displayed earlier this month during the home leg of their Europa League victory over Fenerbahce.
There are fines of €6,000 (£5,000) and €4,500 (£3,755) for the blocking of passageways inside the stadium and the throwing of objects at the same game.
The club say the threat of a stand closure "must serve as a severe and significant reminder to the small minority of supporters who bring the name of Rangers into disrepute."
A statement on the matter points out that "not only will the reputation and finances of the club be harmed, but the chances of the team in a potentially key European match will also suffer enormously, while thousands of innocent fans will be unable to attend a massive fixture."
The banner in question stated: "Keep woke foreign ideologies out - defend Europe", with the club later calling it "shameful" and "embarrassing".
Rangers have now confirmed they are pursuing lifetime bans for those responsible.
The statement adds: "The strongest asset this football club has is our support, and the club knows the overwhelming majority of our supporters will be angered by these episodes and the consequences they have for the club and its supporters. We reiterate our call for all supporters to back the team in the correct manner, and to challenge those who seek to further damage the good name of Rangers."
A further Uefa fine of €8,000 (£6,676) was issued for the "improper conduct of the team" against Fenerbahce, with seven Rangers players booked in the 2-0 defeat before Barry Ferguson's side prevailed in a penalty shootout.
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