Rangers name change made official after US takeover and the real impact of move from PLC to LTD is clear
The holding company of Rangers has officially changed it's name in the wake of the blockbuster US takeover.
The Scottish Premiership giants have traded as 'The Rangers International Football Club PLC' since November 2012.
However, the company will now be know as 'Rangers International Football Club Limited' as part of the new era under chairman Andrew Cavenagh and 49ers enterprises – led by vice chairman Paraag Marathe
The change was voted through at the club's upcoming Extraordinary General Meeting (EGM) which is scheduled for last month at the Doubletree Hilton in Glasgow after receiving the 75 per cent approval required to pass the motion.
That changes have now officially kicked in with the Companies House listing for the club changing - with a certificate of re-registration from Public Limited Company to private shared by the government.
Rangers have not been publicly listed on the stock exchange despite their PLC status over the last 13 years.
As they have become an LTD company, shares cannot be offered to the public which offers an added layer of control for the US consortium as they ramp up their overhaul of the club.
The changes are becoming clear on the pitch with new boss Russell Martin landing a transfer kitty with Max Aarons the first player in the door this summer.
The Bournemouth loanee is set to be followed by Joe Rothwell as he nears the end of his Cherries' contract - having spent last season on loan at 49ers owned Leeds United - with Conor Coady also on the agenda.
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