Sevco Scotland are the club, you'll soon see. Sevco 5088 are the company whos shareholders own Sevco Scotland, which will be the club. Obviously they won't be known as Sevco Scotland, they will be called Rangers FC or Rangers or Rangers Football Club as they own the right to those trade names. They'll also probably re-name themselves something Rangers like for example The Rangers FC Ltd but they are a club(or will be once they get the license.