rangers fc news 24 7

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. Sevco Scotland Ltd later changed its name to The Rangers Football Club Ltd. 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.