Rangers International Football Club plc (Rangers), formerly The Rangers Football Club Limited, is a holding company for the Scottish football club Rangers Football Club (the Club). The nature of the Company�s operations is that of a football club. The Company�s businesses include football activities, stadium, facilities and hospitality, and retail and merchandising. The Club�s primary asset is Ibrox Stadium, situated 2.5 miles south-west of Glasgow city centre and has been home to the Club. The all-seated 50,987 capacity stadium is owned by the Company and houses a retail outlet, restaurants, function rooms and executive suites. In August 2012, Rangers Retail Limited (Rangers Retail) was formed as a joint venture with sports retailer SportsDirect.com. As of December 19, 2012, the Company had won 54 League titles, 33 Scottish Cups and 27 League Cups. On June 14, 2012, the Company acquired the assets and business of the Club from RFC 2012 plc.