Ownership of Rangers F.C.

Rangers F.C. is a Scottish football club based in Glasgow. They were founded in 1872 and were acquired by an incorporated company, The Rangers Football Club Ltd in 1899. In the year 2000, Sir David Murray decided to float the club on the stock market, subsequently changing the company into a PLC. In 2012, The Rangers Football Club Plc entered liquidation and the company's assets including Ibrox Stadium, Murray Park and intellectual property were bought by Sevco Scotland Ltd. Sevco Scotland Ltd later changed its name to The Rangers Football Club Ltd. The Rangers International Football Club Plc was then formed as the holding company by the owners The Rangers Football Club Ltd, with the latter becoming a wholly owned subsidiary of the former.

The Rangers Football Club Ltd, previously called Sevco Scotland Ltd, is a limited company based in Glasgow. It was formed in 2012 to replace The Rangers Football Club Plc (which was subsequently renamed RFC 2012 plc), incorporated in 1899, which went out of business and entered liquidation procedures on 14 June 2012. Having purchased the business, goodwill and assets of The Rangers Football Club Plc, including Rangers FC and the all-seated 50,987-capacity Ibrox Stadium in south-west Glasgow, several players agreed to have their contracts transferred to the new company. Some players left to join other clubs as free agents since their former employer had been in breach of contract. After an application to transfer the old company's Scottish Premier League membership was rejected, an application to join the Scottish Football League was accepted with the club being placed in the third division. The Rangers Football Club Plc's SFA membership share was transferred to the new company on 27 July 2012.

The football club was formed in 1872 and was operated by the four founders until its incorporation on 27 May 1899. At the point the Club was Incorporated, a limited company (The Rangers Football Club Ltd) was formed and the Club now had legal personality, with directors and liabilities in accordance with the Companies Act.

...
Wikipedia