Yep. Hopefully they will, as Rangers need to be punished.
As you say, they will be back as large as life in due course anyway, Whyte is doing what he does, which is how he made his money by the look of things. He will set up a new Rangers business, flog it and move on. Probably hoping for a return on his one pound investment. HMRC wont punish them. The law won't punish them and it remains to be seen if the other member clubs do anything about it. I suspect not.