The BBC have censored the Union Bears' tifo that was unveiled in Rangers' game against Celtic on Sunday on their flagship Sportscene show.
The banner depictired Greame Souness holding a shotgun, with the words 'Take aim at the rebel scum' written on the bottom.
The display has since been seized by the police and is the subject of a criminal investigation.
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The Union Bears have taken financial advantage of the debacle, releasing t-shirts of the tifo, priced at £20 each.
The BBC blurred it out on Sportscene:
Rangers were highly critical of the banner after their 1-1 draw with Celtic on Sunday.
A club spokesperson said: "We also acknowledge that the tifo displayed prior to kick-off crossed a line and was unacceptable.
"Our approach to supporter displays has always been built on trust, with the responsibility placed on groups to exercise good judgment.
"We will reflect on how these displays are managed and engage with supporter groups to ensure the right balance of trust, responsibility and oversight is maintained moving forward.
"Rangers is proud of its passionate fanbase, and we all share a duty to protect the standards and reputation of our club."
Rangers return to action next weekend when Aberdeen visit Ibrox in the third round of Scottish Premiership post-split fixtures.
