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Rangers F.C. is a Scottish football club based in Glasgow. They were founded in 1872 and became an incorporated company, The Rangers Football Club Ltd, in 1899. In 2000, then chairman and owner David Murray floated the club on the stock market which subsequently made the private company into a public limited company (PLC). In 2012, The Rangers Football Club Plc entered liquidation and the company's assets including Ibrox Stadium, Rangers Training Centre 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 a holding company by The Rangers Football Club Ltd, with the latter becoming a wholly owned subsidiary of the former.

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