If they don't do a deal with MASH for that second £5M in the next couple of days, it could be liquidation before the end of the month. All it needs is one of their creditors (the polis, SSEB, HMRC) to say they want their money NOW, and they're gubbed. Even if they get the loan, I'm assuming it will be secured against Ibrox, at which point another 10,000 punters walk away.
I don't believe they will put ANY of their own money in.