I like to say that Rangers Football Club was shut down. Forget throwing in any excuse which uses the word 'company', it was the club that was shut down. Gone, like Third Lanark, remaining only in the history books. If I got 10 mates to join me in a game against some local kids at the Cathkin park pitch, that doesn't make us Third Lanark, we're still just a bunch of s***e players not even good enough to make it through the trials of an amateur club.
What I said before was that it was a potential 'half-reasonable' excuse, meant to infer that Orcs would still think they have a club in their minds and have a go at us even though everyone other than them know it would be bulls**t. Let them have a fresh start and they wouldn't even bother as it would be like arguing that the brown cow in the field next door is green.