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===Current corporate identity=== On 14 June 2012, hours after the CVA's rejection, Sevco Scotland Ltd, a new company formed by Charles Green's consortium for this eventuality,<ref>{{cite web|url=https://rangers.co.uk/news/headlines/sevco-statement/|title=Sevco Statement|publisher=rangers.co.uk|date=27 June 2012|access-date=18 December 2018}}</ref> completed the purchase of the business and assets of The Rangers Football Club Plc<ref>{{cite web | url=http://www.heraldscotland.com/sport/football/little-black-and-white-as-green-faces-closer-scrutiny.20769831 | title=Little black and white as Green faces closer scrutiny | work=The Herald | date=16 April 2013 | access-date=17 April 2013}}</ref><ref>{{cite web | url=http://www.scotprem.com/content/mediaassets/doc/Commission%20Decision%2028%2002%202013.pdf | title=Commission Decision | publisher=Scottish Premier League | access-date=17 April 2013 | archive-url=https://web.archive.org/web/20130319044800/http://www.scotprem.com/content/mediaassets/doc/Commission%20Decision%2028%2002%202013.pdf | archive-date=19 March 2013 | url-status=dead | df=dmy-all }}</ref> and then, on 18 June 2012, formally applied to acquire the SPL share of The Rangers Football Club plc. On 4 July, SPL clubs voted by 10β1 to reject the application with [[Kilmarnock F.C.|Kilmarnock]] abstaining and the old Rangers company voting in favour.<ref name="Newco refused spl admission" /> Thereafter, an application to the Scottish Football League was successful with Rangers securing associate membership on 13 July 2012 at an SFL meeting by a vote of 29β1. The SFL member clubs voted that Rangers should enter the fourth tier of Scottish Football, [[Scottish Football League Third Division|Scottish Third Division]] for the 2012β13 season, rather than the [[Scottish Football League First Division|Scottish First Division]].<ref name="Reformed and relaunched">{{cite news|url=https://www.bbc.co.uk/sport/0/football/19225698|title=Rangers: Newcastle's Mike Ashley ready to buy Ibrox share|work=BBC Sport|date=11 August 2012|access-date=24 August 2012|quote=Businessman Charles Green led a consortium to buy Rangers' assets for Β£5.5m and reformed the club as a new company. But the 'newco' did not get the required votes for re-admittance to the SPL and instead, Rangers were relaunched in Division Three, drawing 2β2 with Peterhead in their opening game.|archive-url=https://web.archive.org/web/20120811140921/http://www.bbc.co.uk/sport/0/football/19225698|archive-date=11 August 2012|url-status=live}}</ref><ref name="Division one plan">{{cite news|url=https://www.bbc.co.uk/sport/0/football/18656012|title=Raith & Clyde criticise Rangers newco Division One plan|work=BBC Sport|date=30 June 2012|access-date=30 July 2012|quote=Raith Rovers and Clyde insist plans to place the Rangers newco in Scottish Division One should not be forced upon Scottish Football League clubs.|archive-url=https://web.archive.org/web/20120828135513/http://www.bbc.co.uk/sport/0/football/18656012|archive-date=28 August 2012|url-status=live}}</ref> An application was made for a transfer of [[Scottish Football Association|SFA]] membership on 29 June 2012, with the new company applying for the transfer of the membership of The Rangers Football Club plc.<ref name="Scottish FA issues Rangers update">{{cite web|url=http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=1961&newsCategoryID=3&newsID=10204|title=Scottish FA issues Rangers update|publisher=Scottish Football Association |date=17 July 2012|access-date=28 January 2013}}</ref><ref name="Rangers sfa membership bid">{{cite news|url=https://www.bbc.co.uk/sport/0/football/18641075|title=Charles Green gives SFA details for membership bid|work=BBC Sport|date=13 July 2012|access-date=20 December 2012|quote="We have received an information pack from Sevco Scotland relevant to their membership application," said the SFA.|archive-url=https://web.archive.org/web/20120902030335/http://www.bbc.co.uk/sport/0/football/18641075|archive-date=2 September 2012|url-status=live}}</ref> Agreement was reached on the transfer with the new company accepting a number of conditions relating to the old company.<ref name="SFA membership transferred"/> At the end of 2012, Rangers International Football Club plc became the holding company for the group, having acquired The Rangers Football Club Ltd on the basis of a one for one share exchange.<ref>[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/new-and-recent-issues/new-recent-issue-details.html?issueId=8816 Rangers International Football Club plc] londonstockexchange.com. Retrieved 27 January 2013.</ref> In 2013, after its first 13 months, the company reported operating losses of Β£14.4m.<ref>{{cite web|url=https://www.theguardian.com/football/2013/oct/01/rangers-announce-loss-annual-accounts |title=Rangers announce Β£14.4m operating loss in annual accounts |work=The Guardian |date=1 October 2018 |access-date=21 December 2018}}</ref> Thereafter it continued to post annual operating losses, variously Β£9.8m in 2014 and Β£9.9m in 2015,<ref>{{cite web|url=https://media.rangers.co.uk/uploads/2015/11/Rangers-Reports-and-Accounts-2015.pdf|title=Annual Report 2015|publisher=rangers.co.uk|access-date=21 December 2018}}{{Dead link|date=April 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Β£2.5m in 2016,<ref>{{cite web|url=https://media.rangers.co.uk/uploads/2016/10/Rangers-Reports-and-Accounts-2017.pdf|title=Annual Report 2016|publisher=rangers.co.uk|access-date=21 December 2018}}{{Dead link|date=April 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Β£6.3m in 2017<ref>{{cite web|url=https://media.rangers.co.uk/uploads/2017/11/Rangers-Reports-and-Accounts-2017.pdf|title=Annual Report 2017|publisher=rangers.co.uk|access-date=21 December 2018}}</ref> and Β£13.2m in 2018,<ref>{{cite web|url=https://media.rangers.co.uk/uploads/2018/10/RIFC-30th-June-2018_09_FINAL.pdf|title=Annual Report 2018|publisher=rangers.co.uk|access-date=21 December 2018}}</ref> until returning to profit in 2022.<ref>{{cite web|url=https://www.skysports.com/football/news/11788/12742440/rangers-reveal-record-turnover-of-86-8m-and-operating-profit-of-5-9m|title=Rangers reveal record turnover of 86.8m and operating profit of 5.9m|publisher=skysports.com|access-date=9 November 2022}}</ref>
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