Rangers announce new ownership name
Scottish Division 3,
The Rangers board have announced the name of the company that owns the club will be changed to The Rangers Football Club Limited.
The announcement follows meetings between 'oldco' shareholders of the club who have given their backing to new policy, allowing Sevco Scotland Limited - the old owning company - to change to The Rangers Football Club Limited. Chief executive of the new company Charles Green believes the decision shows Rangers are in the final stages of recovery. "The process that took place today is the penultimate piece of the jigsaw that will see The Rangers Football Club move forward, with the transfer of SFA membership being the final piece," he told the club official website. "As every fan knows, Rangers is Rangers - it always has been and it always will be. The Club still has its 140 years of history and we are now embarking on the next 140 years. "We are back playing football and the Board is focused on rebuilding this great Club over the next few years. "Our fans were fantastic on Sunday at Brechin and their support at Ibrox and away from home this season will be instrumental in helping the team achieve the success we all desire."