Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

So the board haven't ripped up the contract then.

And yet the fans still trust them .

 

To be fair, the statement only said that they were withdrawing the right to use the IP not that they were unilaterally cancelling the merchandising contracts.  

 

The fact that the former prevents SDI selling any replica kit under the latter could lead to an interesting case.

 

ETA: I wonder if and when they'll change this page: http://rangers.co.uk/club/commercial/partners/

Edited by The DA
Link to comment
Share on other sites

"THE Rangers Football Club Limited has today served notice on Rangers Retail Limited terminating the IP Licence and Rights Agreement with that company with immediate effect.

"The Club now needs to speak to its commercial partners to agree the next steps flowing from the termination and will make no further comment on this matter whilst discussions are ongoing.

"The Club will endeavour to communicate further with its supporters and customers for Rangers Kit and other Rangers products as soon as it is in a position to do so."

Of course, Rangers Retail was an effective subsidiary of Ashley’s Sports Direct, established by Chuck Green, Brian Stockbridge, Barry Leach, et al just 47 days after the accused fraudsters acquired Rangers back in 2012.

At stake now was imaging and intellectual property rights, rights that Ashley procured back in 2012 when he invested the hefty sum of £1 million pre-IPO for around 8 percent of the Club and, as it turned out, nearly all of its property rights. Granted, he did toss in another quid later for the rights to plaster Ibrox with SD ad hoardings like he’s done with St. James’ Park in Newcastle. And a couple loans here and there made him the presumptive saviour to some who would struggle with a light switch. Rolling out the tanks, was Big Mike; Rangers stood no chance.

But today’s move effectively ends the Club’s relationship with Sports Direct. The Rangers Retail contract was a de facto agreement to give Ashley 95 percent of revenues generated from the sale of merchandise. In addition, he was given control over all our badges and trademarks, all for–well–effectively a zero sum figure when you account for all the funds stripped out of Rangers by him and his associates.

Poor Mike has been under heavy fire from the brigades lately, taking a battering on all sides of his massive empire, one which the lesser degree thought would see Rangers become a POWER IN EUROPE so Immense Mike could shill his cheap goods to a wider audience. Apparently finding shoddy Slazenger golf shirts is a top priority in the ex Eastern Bloc.

Thankfully, on top of the battering Ashley’s been getting from the English press and in Parliament, Dave King took to brow beating Large Mike in court as a matter of hobby. And that culminated Wednesday with Rangers tossing up two fingers and taking control of their retail revenues again.

Brave Mike can still shill royal blue "LEAGUE CUP SEMI-FINAL" t-shirts as much as he wants for the next seven years; mercifully, they can’t be emblazoned with any Rangers trademarks on them going forward. Perhaps that will give him time to file the overdue Rangers Retail accounts.

The next move will most likely be in court, but how far Loyal Mike will take it is highly questionable. With every judicial move he makes, the chances of the entire deal drawn up between him, Green, Imran, Whyte and the rest being exposed moves nearer. That’s a risk you would think Sports Directs’ ever-crumbling share price couldn’t stand up to.

Short term: We’ll likely have a new kit manufacturer coming soon. That’s a little tough to swallow as the leaked Puma tops were the best looking effort they’ve given so far – which is a bit like saying syphilis is the best STI you can get under the circumstances. I don’t think we’ll look back on any of these tops as ones to remember simply on their aesthetics alone.

Other parts: You’ll be able to buy merch from Rangers again and have a good idea the money is actually benefitting the Club and not being used to pay red light PR men in Soho. Hooray!

So celebrate a victory today against the shitehawks that efforted to destroy Rangers. If you took part in a protest, boycotted the merchandise, made your voice heard, well done. A winner is you. Prodigious Mike is one step closer to being out the door completely.

If you were the in the vocal minority of the ones still backing Massive Mike to rocket fire Rangers to EUROPEAN GLORY, despite all the evidence he and his partners were clearly robbing the Club blind, tough break. Better luck next time. I hear there’s a side in the English championship that you may be interested in tracking.

Link to comment
Share on other sites

An apology would have been the right thing here but you are obviously seething too much right now, you can do it once you have calmed down a wee bit.

You don't need to apologise to me Tedi. We all know what you are like and how you delete all evidence of your conflicting posts, we accept you as you are.

Link to comment
Share on other sites

I did not delete any posts regarding this as you well know.

As I said the correct thing here is for you to simply apologise, now are you too proud or too stupid to do so?

You did this the last time you went on a deleting spree as well Tedi.

I am sorry that you do these things but I won't hold it against you. Happy now?

Link to comment
Share on other sites

I will go for too stupid then

You got caught making shite up, yup I am happy with that.

Too stupid to know what those 5 stars were for?

We agree for once.

Link to comment
Share on other sites

Be a bit difficult since Rangers accounting period does not end till 30th June 2016 and they are normally released in November.

Do Rangers file accounts? Companies file accounts, are Rangers not a club?

Link to comment
Share on other sites

Rangers & Celtic are a disgrace. The clubs live off sectarianism, there are other issues in Scottish football, but none as bad as their pish.

f**k off to the Atlantic league or England, and don't let the door hit your sectarian arses on the way out! #oldfirmpish

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...