Rangers: who owns it, who runs it and what the accounts show
Rangers International Football Club Limited's person with significant control on the Companies House register is Mr Andrew Cavenagh. In the year to June 2025 Rangers International Football Club Limited reported turnover of £94m.
- Registered name
- RANGERS INTERNATIONAL FOOTBALL CLUB LIMITED
- Company number
- SC437060
- Status
- Active
- Incorporated
- 16 November 2012
- Registered office area
- Glasgow
- Industry code on the register
- 93120: Sports activities and amusement and recreation activities
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to June 2025, filed 7 January 2026
What does Rangers do?
Rangers International Football Club is the holding company of Rangers, the Glasgow football club founded in 1872. The club plays in the Scottish Premiership at Ibrox Stadium and also runs women's and academy teams. It earns money from season and match tickets, hospitality, broadcasting and prize money, sponsorship, merchandise, membership and its RangersTV streaming service, and from European competition when it qualifies.
In brief: football club · Glasgow · tickets, broadcasting and retail
Source: Rangers' own website, retrieved 27 September 2026.
Who owns Rangers?
The Companies House register records Mr Andrew Cavenagh as the person with significant control of Rangers International Football Club Limited, company number SC437060.
The register names an individual, not a company, as its controller.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Rangers?
The Companies House register lists 10 current officers for Rangers International Football Club Limited.
All 10 current officers
| Officer | Appointed |
|---|---|
| George Taylor | 26 July 2022 |
| John Combothekras Halsted | 15 August 2023 |
| Graham Horsman | 8 November 2024 |
| Fraser John Thornton | 16 December 2024 |
| Andrew Cavenagh | 30 May 2025 |
| Mark Taber | 30 May 2025 |
| Andrew Clayton | 30 May 2025 |
| James Glen Gillespie | 26 March 2026 |
| Eugene Schneur | 18 August 2026 |
| Paraag Marathe | 18 August 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did Rangers file?
Rangers International Football Club Limited reported turnover of £94m in the year to June 2025. That was up 6.6% on £88m the year before.
It reported 326 employees. The year before it reported 292.
It filed a pre-tax loss of £15m for the year, against a pre-tax loss of £17m the year before.
Staff costs came to £58m. That is an average of £177,000 a head. It ended the year with £31m at the bank and net assets of £45m.
| Measure | Jun 2025 | Jun 2024 |
|---|---|---|
| Turnover | £94m | £88m |
| Pre-tax profit | -£15m (filed) | -£17m (filed) |
| Employees | 326 | 292 |
| Staff costs | £58m | £61m |
| Average staff cost per head | £177,000 | £210,000 |
| Bank and cash | £31m | £1.7m |
| Net assets | £45m | £24m |
| Interest paid | £5m | |
| Interest received | £0.8m | |
| Directors' pay | £0.3m |
Read the accounts to June 2025 on Companies House, where every set of accounts the company has filed can be downloaded as a PDF.
How Rangers compares
Rangers files as Rangers International Football Club Limited, whose person with significant control is Mr Andrew Cavenagh, with turnover of £94m in its latest filed year.
Questions about Rangers
What does Rangers do?
Rangers International Football Club is the holding company of Rangers, the Glasgow football club founded in 1872. The club plays in the Scottish Premiership at Ibrox Stadium and also runs women's and academy teams. It earns money from season and match tickets, hospitality, broadcasting and prize money, sponsorship, merchandise, membership and its RangersTV streaming service, and from European competition when it qualifies.
Who owns Rangers?
The Companies House register records Mr Andrew Cavenagh as the person with significant control of Rangers International Football Club Limited.
How much does Rangers make?
Rangers International Football Club Limited reported turnover of £94m in the year to June 2025. It filed a pre-tax loss of £15m.
How many people work at Rangers?
Rangers International Football Club Limited reported 326 employees in the year to June 2025.
Who runs Rangers?
The Companies House register lists 10 current officers for Rangers International Football Club Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from Rangers International Football Club Limited's filings at Companies House, company number SC437060, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Rangers: who owns it, who runs it and what the accounts show”, updated 28 September 2026. https://www.spark-intel.co.uk/companies/rangers/. Figures from Companies House filings for RANGERS INTERNATIONAL FOOTBALL CLUB LIMITED (SC437060).
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