Beginning with the 1985–86 season, one half of the Old Firm has won the Scottish League every season and in all but one of seventeen seasons between 1995–96 and 2011–12, both clubs finished in the top two places. In the early 2010s, Rangers endured financial difficulties, and its holding company was liquidated in 2012. Subsequently, the team had to apply for entry to the bottom (fourth) tier of the Scottish league, climbing to the top division in four seasons and winning the title again in 2020–21 (Celtic were champions in each of the intervening nine campaigns but failed to claim the tenth which would have beaten a record set by them in the 1960s/70s and matched by Rangers in the 1980s/90s).