The Gers have taken the first step on the road to recovery, with the Scottish Third Division title wrapped up, but they are still paying the price for previous financial mismanagement.
That, along with a transfer embargo, means McCoist will have his hands tied this summer.
He is, however, hoping to make a number of additions to his Ibrox ranks and is confident he can unearth a few hidden gems.
McCoist said in the Daily Record: "I know what's required to be done next at the club and I, with the help of others, will get us there.
"Our internal situation won't have changed much.
"I'll still be going after free transfers and asking players to sign for Rangers when we still don't know which division we'll be playing in.
"There are those who won't fancy that idea, but they'll all be free transfers."
McCoist may be in a position to welcome loan stars Carlos Bocanegra and Dorin Goian back into his plans next season, but admits to being unsure as to whether they will return to Scotland from Racing Santander and Spezia respectively.
He added: "I don't know the outcome there, but everybody can see we need guys to strengthen the side."