League bodies have agreed in principle to a new 12-12-18 structure, with the Scottish Premier League and Scottish Football League set to vote on the proposals this month.
But Green has launched an attack on the plans - which could be implemented by the start of next season - and says the Gers may even leave Scottish football as a result.
“My advice to the board of Rangers is the quicker we can leave Scottish football the better,” the chief executive told RangersTV.
“I can't see anything that is going to transform the finances, the status or the excitement.
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“Hand on heart today there isn't an option but that doesn't mean we shouldn't start looking for an option.”
Green’s grievance revolves around the fact that Rangers would remain in the third tier of Scottish football next year if plans are approved whether they win the Third Division or not.
“If this does happen what is the point of us finishing the season?" Green continued.
"Why should we send players out to get broken noses - like Ross Perry last week - or have players getting surgery when no-one can get promoted and no-one can get relegated.
“We might as well have a winter break now til next August. I can't see any point in carrying on with meaningless matches.
“In what league do you win a division and then end up playing the same teams again the following season? There is no meaning to it, in reality.”