BEARGER 1,829 Posted January 30, 2020 Share Posted January 30, 2020 https://rangers.co.uk/news/headlines/club-statement-90/ RANGERS is pleased with yesterday’s Judgment at the High Court and hope it will now lead to Elite clearing the outstanding payments to Rangers referred to in the Judgment. It has been necessary to keep these issues confidential pending the Court’s decision. 1 Quote Link to post Share on other sites More sharing options...
BlackSocksRedTops 3,473 Posted January 30, 2020 Share Posted January 30, 2020 I read somewhere we were now due 2.5 million from Elite/Hummel? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted January 30, 2020 Share Posted January 30, 2020 18 minutes ago, BlackSocksRedTops said: I read somewhere we were now due 2.5 million from Elite/Hummel? That's correct. It's the money for this season's sales. However there's a suggestion that Elite now have a partnership with SD and won't pay us without a struggle as they're being influenced by them. 2 Quote Link to post Share on other sites More sharing options...
cooponthewing 1,139 Posted January 30, 2020 Share Posted January 30, 2020 1 hour ago, Bluedell said: That's correct. It's the money for this season's sales. However there's a suggestion that Elite now have a partnership with SD and won't pay us without a struggle as they're being influenced by them. BD was the original deal with Jabba not 7 years long? What's the situation, are we still tied to that or does he have us shackled to another one? The elite deal looks like we are screwed as it appears has just bought them or a big share them? Have I got that wrong? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted January 30, 2020 Share Posted January 30, 2020 14 minutes ago, cooponthewing said: BD was the original deal with Jabba not 7 years long? What's the situation, are we still tied to that or does he have us shackled to another one? The elite deal looks like we are screwed as it appears has just bought them or a big share them? Have I got that wrong? 7 years' notice had to be given on the original deal. However the current board of directors negotiated a clusterfuck of a new contract which superseded the old contract. This is the one which has been subject to the ongoing court case where SD are kicking our butts. This court case is ongoing with both parties suing each other and won't be heard until 2021, and probably won't be finalised long after that. Separate to that, we entered into another contract with Elite and Hummel for this season, which Elite are refusing to pay us, which is why we were in court this week. It seems that we're going to have to deal with SD next season, I think. Confused? Yeah, me too. The only thing I'm not confused about is that the more we try and sort out our retail, the bigger hole we seem to get into. 2 Quote Link to post Share on other sites More sharing options...
Rick Roberts 246 Posted January 31, 2020 Share Posted January 31, 2020 17 hours ago, Bluedell said: It seems that we're going to have to deal with SD next season, I think. Was that from one of the court cases? What was the original link to Elite? Was it thru Hummel or elsewhere? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted January 31, 2020 Share Posted January 31, 2020 36 minutes ago, Rick Roberts said: Was that from one of the court cases? Yes, see post 6. 36 minutes ago, Rick Roberts said: What was the original link to Elite? Was it thru Hummel or elsewhere? Not 100% sure, but think they are an approved partner of Hummel, but not sure what came first. 1 Quote Link to post Share on other sites More sharing options...
compo 6,100 Posted January 31, 2020 Share Posted January 31, 2020 (edited) Wont be surprised if he launches an appeal He hates getting beaten Edited January 31, 2020 by compo 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted January 31, 2020 Share Posted January 31, 2020 19 minutes ago, compo said: Wont be surprised if he launches an appeal He hates getting beaten I don't think this decision will (can?) be appealed. The judge who granted the injunction has clarified it and that's all. 1 Quote Link to post Share on other sites More sharing options...
ian1964 10,409 Posted January 31, 2020 Share Posted January 31, 2020 0 Quote Link to post Share on other sites More sharing options...
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