The resumption of normal football after the interruption of World War Two saw a huge resurgence of interest in the game reflected in large attendances at all big games.
It also saw Rangers take up where they had left off in 1939 and establish themselves as Scotland's top side.
Two signings at the beginning of the season were to have a significant effect on Rangers for many years to come. Goalkeeper Bobby Brown and defender Sammy Cox were both snapped up from the amateur ranks by manager Bill Struth.
They proved to be stars of the Light Blues' side as they battled all season with Hibs for the League title.
The Easter Road men actually defeated Rangers 2-1 at Ibrox and for a long time looked favourites to win the flag. But the Light Blues proved more consistent in the closing weeks of the season and eventually took the title two points clear of Hibs.
The season also saw the introduction of a major new domestic trophy for the Scottish game. The League Cup was presented by League President John McMahon and Rangers became the first.club to win it.
They qualified from their section with a 100 per cent record against St. Mirren, Queen's Park and Morton then defeated Dundee United in a two-legged quarter-final match on a 3-2 aggregate.
Hibs were knocked out 3-1 at Hampden in the semi-final and Rangers cruised to a 4-0 triumph in the Final against Aberdeen with goals by Jimmy Duncanson (2), Billy Williamson and Torry Gillick.
The Rangers line-up in that first ever League Cup Final was: Bobby Brown, George Young, Jock Shaw, lan McColl, Willie Woodburn, Willie Rae, Eddie Rutherford, Torry Gillick, Billy Williamson, Willie Thornton, Jimmy Duncanson.
In the Scottish Cup, there was disappointment for Rangers. They overcame Clyde at Ibrox in the first round and were given a bye to round three, where they were drawn at home to Hibs.
Chances were scorned in a goal-less draw at Ibrox and Hibs won the replay 2-0 at Easter Road.
In the Glasgow Cup, Clyde ousted Rangers in the first round, although the Light Blues made amends when they lifted the Charity Cup, beating Celtic 1-0 in the Final at Hampden.
Two distinguished Rangers left the club at the end of the season-full-back Dougie Gray and striker Jimmy Smith. Gray had been at Ibrox for 22 seasons and in that time had won 11 League Championship medals and six Scottish Cup winners badges. Smith was one of the club's most prolific goalscorers ever, netting well over 300 goals since signing from East Stirling.
