Ally McCoist believes Motherwell are the favourites over Rangers heading into Wednesday's Scottish Communities League Cup tie at Ibrox.
Added to that, the Light Blues boss believes the third-round clash is the first time his club has ever gone into a domestic outing as underdogs.
Stuart McCall's men sit at the summit of the Scottish Premier League, while Rangers are still trying to settle into their new surroundings in the Irn-Bru Third Division following a summer of turmoil.
McCoist said: "I think Stuart and I will probably disagree on this one but I would have to say Motherwell are favourites.
"Being top of the SPL and the in-form side in the country at the moment, you'd have to say they would be favourites.
"It's not for that reason alone. We are in a transitional period, we are a completely new team."
On Rangers' underdog status, the manager added: "Let's be honest, it's probably the first time it's ever happened in the club's history.
"Going into any game domestically, you could argue that Rangers, even against Celtic, if not total favourites, would have been expected to win the game or come out of the game with a massive amount of credit for our performance level.
"The fact of the matter is, where the club is and with the new team, it's not a given that we're expected to beat Motherwell.
"It's not a bad thing. It's a learning curve and a realisation of where we are as a team."
Rangers were dumped out of the Ramsdens Cup on penalties against Queen of the South at Ibrox last week and McCoist is well aware of the size of task facing his side against the Steelmen.
He said: "Motherwell always gave us very difficult games when we had arguably ?25million, ?30million worth of talent.
"Nothing will change in the respect that they'll give our new team a very tough task.
"At this moment in time, Motherwell will fancy their chances against anybody in the country."
But he refused to write off Rangers' own chances of progressing in the competition.
McCoist said: "Favourites can be beaten and I believe that we can beat Motherwell tomorrow. We will be doing our damnedest to do that.
"The cup competitions would be the ideal situation to guide ourselves on how we're placed in terms of playing the top teams in the country.
"It won't be the end of the world if we don't win the tie but I firmly believe we can win."
McCoist spoke at the weekend of his weariness over the SPL's ongoing investigation into alleged undisclosed payments made by Rangers to players, in relation to Employee Benefit Trusts (EBTs), during the previous Ibrox regime.
A hearing into the case takes place in November and, if found guilty, Rangers could be stripped of titles.
The manager - who celebrated his 50th birthday yesterday - again reiterated his desire to be allowed to look to the future following a turbulent period in the club's history.
He said: "It's the only thing that hasn't been dealt with and finalised.
"All I've asked for is an opportunity for the club to move forward now that we have got a reasonable level of stability, which is all we wanted - a playing field to go and play football, which we have now.
"The only stumbling block now is this scenario.
"I just want it totally out of the way so that we can officially move forward and get our great club back to where it belongs."
