ASA clears Rangers over ‘most successful club’ ad

AN ADVERTISEMENT for the Rangers Football Club has been cleared following 78 complaints that it described itself as “Scotland’s most successful club”.

Former Goldman Sachs trader Kieran Prior is set to buy a stake in Rangers. Picture: Robert Perry

The Advertising Standards Authority (ASA) said 78 complainants believed that the new club was only formed in 2012.

The RFC said previous owner the Rangers Football Club PLC, named as Oldco, went into administration in 2012, but the business was bought by Rangers Football Club Ltd, or Newco.

The ASA said “we noted an independent commission appointed by the SPL and the European Club Association had reached the conclusion the football club was a ­recognisable entity in its own right, and continued in existence despitetransfer to another owner and ­operator”..