Complex sentence: On 14 June 2012, Rangers entered liquidation and its business, assets and history were then sold to a new company, Sevco Scotland Limited, which was later renamed The Rangers Football Club Ltd after a failure to reach agreement with creditors.
Split into simpler sentences: On 14 June 2012, Rangers entered liquidation and its business and assets were then sold to a new company, Sevco Scotland Limited. It was later re-named The Rangers Football Club Ltd, after a failure to reach agreement with creditors.