Craig Whyte has been announced as the new owner of Rangers FC.
The protracted takeover of the Scottish Champions was finally completed on Friday evening.
A statement to the London Stock Exchange read: "Craig is a lifelong Rangers supporter and is very much looking forward to guiding and assisting Rangers in its development over the coming years."
The news was announced after Mr Whyte - a Scottish businessman who has been holding talks with the Glasgow club since last November - concluded his purchase of Murray International Holdings' majority shareholding of the club.
A deal was expected on Thursday evening, but a late hitch delayed its completion as lawyers from both sides met in Edinburgh.
David Murray and the Lloyds Banking Group have already given their approval to the deal, but sub-committee of Rangers' board set up to ratify the deal had raised concerns over long-term funding and investment in the first team squad.
Whyte reached an agreement with Lloyds several weeks ago over the repayment of the club's £21 million bank debt.
More on this story in STV Sport.