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Charles Green-led consortium completes Glasgow Rangers purchase

Image: Charles Green has acquired Glasgow Rangers

Charles Green, the former chief executive of Sheffield United Football Club, has completed the acquisition of Glasgow Rangers' assets in a deal reported to be worth £5.5m.

A new company structure - The Rangers Football Club - has taken control of the business and assets with immediate effect after Rangers Football Club Plc was liquidated.

It comes as a Company Voluntary Arrangement (CVA) was formally rejected at a meeting of creditors after principal creditor HM Revenue and Customs opposed the proposal.

Details: www.rangers.co.uk (Charles Green statement)
Details: www.rangers.co.uk (Administrators statement)

Image: Charles Green has acquired Glasgow Rangers Charles Green, the former chief executive of Sheffield United Football Club, has completed the acquisition of Glasgow Rangers' assets in a deal reported to be worth £5.5m. A new company structure - The Rangers Football Club - has taken control of the business and assets with immediate effect after Rangers Football Club Plc was liquidated. It comes as a Company Voluntary Arrangement (CVA)
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