Through the back of my shop, pinned to the wall, is the printout of the league fixture list where one of the teams is called "Club 12"
It's a bit faded but I can't bring myself to take it down.
Rangers ceased to exist, they were never relegated (or demoted if you prefer)
They were bloody lucky that people were prepared to bend/break the rules to let the new version start in league 2 straight away.