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Breaking: Rangers serve notice on retail agreement with immediate effect


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It is to be expected that SD are keeping quiet for now. They will be looking at all legal papers\issues with a fine tooth comb.

 

They'll want to put out some confusing and contradictory 'noise'.

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They won't be able to make the tops quick enough for us. Can't wait to start buying merchandise from the club again. Hope this all goes through quickly

 

I very much hope it's quick too... the recent past tells us that when it concerns Ashley, it never moves quickly but it feels like there's light at the end of the tunnel now!

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51%b shares against 49%A class shares is it not

 

Shares are shares.....but I'm sure there was some stipulation that in financial matters, the SD vote counted as double.

 

My understanding is that the club have removed the right for Rangers Retail to supply any items covered by RFC IP trademarks - ie official merchandise. This is 100% between RFC Int Ltd & Rangers Retail Ltd - it does not involve Sports Direct ltd/plc. Any agreements between Rangers Retail & Sports direct over the sale of goods is still in place.

 

It will get VERY interesting if Rangers Retail is contracted to supply Sports Direct with Official RFC Merchandise.....with the removal of the IP/Trademark license, Rangers Retail can no longer meet it's contractual requirements & will probably go bust, redering all contracts null & void.

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If the attack works, it seems Gessler won't be able sell anything with badges, TMs, branding, logos, etc.

He will still have a 7 year deal for merchandise, which he may make, but will be unable to sell in appreciable nos.

Is there not some part of the contract which obliges Rangers Retail to pay the fat slag for unsold gear?

Would the fact that his product would be rendered "unofficial merchandise" obviate that clause?

 

It is unclear whether Rangers may sell, by itself, or through a n other, its own officially branded, ratified, and certified swag?

Surely, however, Rangers, if the present action is successful, will be able to dispose of/licence its IP as it sees fit, and for an acceptable price.

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Shares are shares.....but I'm sure there was some stipulation that in financial matters, the SD vote counted as double.

 

My understanding is that the club have removed the right for Rangers Retail to supply any items covered by RFC IP trademarks - ie official merchandise. This is 100% between RFC Int Ltd & Rangers Retail Ltd - it does not involve Sports Direct ltd/plc. Any agreements between Rangers Retail & Sports direct over the sale of goods is still in place.

 

It will get VERY interesting if Rangers Retail is contracted to supply Sports Direct with Official RFC Merchandise.....with the removal of the IP/Trademark license, Rangers Retail can no longer meet it's contractual requirements & will probably go bust, redering all contracts null & void.

think the shares where given a class at that class dictated what say those shares held on the running of the company. A class has double voting rights than b class and A class had final decision on any split decision
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