Rangers International Football Club PLC, based in Glasgow, is the holding company of Rangers Football Club.
The company is a Scottish incorporated entity with company number SC437060, and its principal place of operation is Scotland. Gers have been a public limited company (PLC) since 2000, when David Murray, then chairman and owner, floated the Glasgow side on the stock market.
However, since mid-2025, they have been transitioning from a PLC to a private limited company. Despite their PLC status, Rangers were not listed on the stock exchange.
Financial problems in 2012 saw The Rangers Football Club PLC enter administration. Sevco Scotland Ltd would buy the company’s assets – including Rangers’ stadium, Ibrox, and their training ground, the Rangers Training Centre – before renaming itself in July 2012.
Who are the major shareholders who own Rangers?
Shareholders voted to rename Sevco Scotland Ltd as The Rangers Football Club Ltd., while it also formed Rangers International Football Club PLC as the holding company. Now, a handful of investors own more than 5 per cent stake each in the club.
In May 2025, a consortium of investors, led by Andrew Cavenagh and 49ers Enterprises, acquired a majority stake in Rangers.
The major shareholders are:
- Rangers FC LLC (including Andrew Cavenagh, 49ers Enterprises and others in the consortium)
- Douglas Park
- George Taylor
- Stuart Gibson
- Perron Investments LLC (John Halsted has claimed that he is the beneficial owner of the shares held)
What is the net worth of some of Rangers’ shareholders?
Douglas Park is believed to have a net worth of around £399million, according to reports.
Stuart Gibson is the richest individual shareholder of Rangers. He is estimated to be worth more than £4.3billion.
The York family own the 49ers and have an estimated net worth of £6.19billion.
What is the boardroom structure at Rangers?
Andrew Cavenagh serves as Chairman of Rangers Football Club. He is a highly experienced entrepreneur, chief executive, and investor with decades of business success. In mid-2025, he spearheaded the investment consortium that acquired a controlling stake in the Ibrox outfit and provided significant additional capital to the club.
He has founded three insurance companies, including ParetoHealth, where he serves as Executive Chairman, after being their CEO for 14 years. While he does make frequent visits to Glasgow, his primary residence is in Pennsylvania in the United States of America.
Fraser Thornton is also on the Rangers board and is a highly experienced business leader with over 30 years in the international drinks industry. He has held numerous senior executive and board positions in private and public companies, gaining deep expertise in stakeholder engagement, sales, brand marketing, strategy, and finance.
Along with owning a stake in the club, John Halsted also serves as a board member. He is an American investor with over 30 years of private equity experience. He was a founding partner of Pamplona Capital Partners, where he served for 20 years and previously held investment roles at Beacon Capital Partners and the Harvard Private Equity Group.
George Taylor is a British investment banker and has been a non-executive director of Rangers International Football Club PLC since 2022. He has enjoyed a distinguished career in investment banking, joining Morgan Stanley in 2001 and is currently serving as Head of Investment Banking for Asia Pacific and a Board Member of the Asian Private Bank.
Andrew Clayton and Mark Taber make up the rest of the board members at the Govan outfit.
What other sports franchises do the 49ers Enterprises own?
49ers Enterprises acquired full ownership of Leeds United in July 2023, following an initial minority investment that began in 2018. Under their ownership, the Whites achieved significant success by winning the EFL Championship in the 2024/2025 season, earning automatic promotion back to the Premier League for the 2025/2026 campaign.
This promotion delivered a major financial boost, with estimates of at least £140million in additional revenue over the next three seasons from Premier League participation, TV rights, and other sources, potentially rising to around £305million if the club survives their first season back in the top flight, representing a strong turnaround after their earlier relegation prior to the full takeover.
They are also the business arm of the NFL franchise San Francisco 49ers, owned by the York family. Jed York has been the CEO and controlling owner since around 2009, following the family’s full transition in the early 2000s.
Under their ownership, they have won multiple NFC West division titles, three NFC Championship appearances, and one Super Bowl trip, highlighting consistent competitiveness and sustained on-field success under the York family’s ownership.
The franchise’s valuation has risen dramatically under their leadership, reaching a record high of around $8.6billion (£6.34billion) in a 2025 minority stake sale (where 6.2% was sold to Bay Area families), underscoring robust business growth alongside competitive achievements.
