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Breaking: Rangers serve notice on retail agreement with immediate effect


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Would be nice if this could be resolved amicably so we the fans can start buying from the club shop again I still go in when I am passing from the hospital don't buy anything , feel like a shoplifter when I leave .

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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

 

The prospectus for the December 2012 IPO didn't include the modified terms regards voting rights within RRLtd because they seem to have been pushed through and adopted between the prospectus being issued and the actual IPO share issue.

 

'Representing' Rangers on the RRLtd at that time were Green and Stockbridge.

 

Green was apparently he who signed up for the one-sided retail deal, stadium re-naming rights etc.

Stockbridge signed off on payments (first seen was in Dec 2012) to Keith Bishop Associates (represents Mr MASH and had a director named Llambias) for 'invisible work'.

Edited by buster.
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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.

That's what it looks like to me. So is this a bargaining ploy to get the existing contract renogotiated or a genuine 'get tae fuq, fatty'?

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That's what it looks like to me. So is this a bargaining ploy to get the existing contract renogotiated or a genuine 'get tae fuq, fatty'?

 

I would assume the latter.....

 

It would make sense that negotiations to improve the deal were failing & RFC threatened to pull the IP/Trademarks (possibly)....they have now simply made good on their threat. Alternatively, it may have come straight outta left field.

According to the STV web report, Rangers Retails accounts are overdue @ companies house. This may be used to justify (amongst other reasons) the withdrawing of IP/Trademarks ie. the company is not being run in a suitable manner etc.

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