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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 the year 2000, then chairman and owner, Sir David Murray, decided to float the club on the stock market which subsequently made the private company into a 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 the holding company by the owners The Rangers Football Club Ltd, with the latter becoming a wholly owned subsidiary of the former.

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