IN response to a story that appeared this afternoon on the STV website, the Club has released the following statement.

A spokesman for The Rangers Football Club said: “Yet again, ignorant and ill-informed journalism has caused alarm to Rangers supporters. 

“For the avoidance of doubt, Ibrox and Murray Park are the property of The Rangers Football Club, which at present is registered as Sevco Scotland Ltd until a name change is given formal approval.

“Sevco Scotland was formed to ensure that if the formation of a new company was required in the event of a CVA being rejected, then the Club’s corporate entity would be a Scottish registered company as it has always been. 

“It is as straightforward as that and this kind of reporting is further evidence of ill-informed journalists seeing shadows where there are none.”

Article Copyright © 2019. Permission to use quotations from this article online is only granted subject to appropriate source credit and hyperlink to www.rangers.co.uk