Rangers is a Scottish football club based in Glasgow and founded in 1872. The club's corporate entity was created in 1899 when The Rangers Football Club Ltd was formed as a privately held company. In 2000, the then chairman and owner David Murray floated the club on the stock market which subsequently converted the private company into a public limited company (PLC).
In 2012, The Rangers Football Club PLC entered administration and the company's business and assets, including Rangers F.C., Ibrox Stadium and the Rangers Training Centre were bought by Sevco Scotland Ltd.[1] Sevco Scotland Ltd later changed its name to The Rangers Football Club Ltd.[2] The Rangers International Football Club PLC was then formed as a holding company by The Rangers Football Club Ltd, with the latter becoming a wholly owned subsidiary of the former.
- ^ "ALBERT IAN KINLOCH (AP) AGAINST CORAL RACING LIMITED". 15 March 2017. Retrieved 28 December 2019.
The Rangers Football Club Plc ceased to be the owner and operator of a football team in consequence of the sale to Sevco Scotland Limited by its administrators on 14 June 2012 of substantially the whole of its business and undertaking, including Rangers Football Club.
- ^ "Rangers owners change name". Sky Sports News. 31 July 2012. Retrieved 3 October 2020.