A short post – yes I know, I have promised that before, but this is!
In the continuing saga of whether or not “Rangers” today is the same as Rangers last year and Rangers in 1872 and 1899, there have been many opinions expressed.
Rangers makes clear in its website and in all public pronouncements that it believes that it remains – Then, Now and Forever.
As we know, from monotonous repetition, the club is a collection of assets which was sold by the administrators of Rangers Football Club PLC to a Sevco company (a dispute coming soon to a court near you). The “assets and business” of the club were thus separate from the company which owned the assets.
And so the assets and business made its way to Sevco Scotland Ltd, which changed its name to The Rangers Football Club Ltd and which in turn was wholly acquired by Rangers International Football Club PLC.
That is described, erroneously, as the “holding company” which owns the company which owns the football club.
The football club, we are told, is most definitely NOT the limited company.
Would it surprise people to find out that there is a legal document which defines “The Club” as The Rangers Football Club Ltd?
Would it be even more surprising to find that document is on the Rangers website!
The terms and conditions for season ticket sales for 2012-2013 can be seen here. Terms & Conditions 2012
On page 7 we see, in the section dealing with conditions of entry the following:-
“This Smartcard (“this Card”) is and remains the property of The Rangers Football Club Ltd (“the Club”) and must be produced on demand by the Smartcard holder named herein (“the holder”) or any person authorised by the holder to use this Card at a particular match (“the nominee”) to an official of the Club in stewarding or associated duties at Ibrox Stadium (“the Stadium”).” (Emphasis added)
So there we have it. Rangers itself says that the Club = the Company!
Now, I don’t suggest that this is conclusive, but rather a sign of the confusion which these concepts of “club” and “company” can generate. However, the next time a Rangers fan points out that the club does not equate with the company, they can be politely told that their own team thinks differently!
Posted by Paul McConville