Rangers settle multi-million pound strips deal in ‘last minute of stoppage time’
Laywers involved in a multi million pound Rangers football kit sales dispute have settled the case “in the last minute of stoppage time.” Lord Braid made the remark moments after being told that parties in a £9.5million compensation claim brought against the ‘Gers had settled.
The judge made the remark in proceedings brought against the club by a sportswear brand called Elite Sports Group Ltd. Elite’s lawyers were pursuing an action against Rangers and are trying to recover the sum from them.
Elite were the exclusive brand partner to Danish sportswear firm Hummel and it instructed lawyers to go to the Court of Session in Edinburgh last November. Lawyers claimed the ‘Gers breached a contract which allowed the firm to provide the Glasgow team with Hummel kits.
Lawyers for Elite say the breach occurred when Rangers signed a deal with Castore, a Manchester-based brand which counts tennis ace Sir Andy Murray as one of its investors. However, Elite went into administration shortly after the case called in Scotland’s highest civil court.
READ MORE: Rangers kit manufacturer and recruitment agency in historic Scottish city are fastest growing companies in UK
On Tuesday, the case – which was expected to last eight days – was scheduled to begin. However, the lawyers asked the court for proceedings to be delayed as they were in negotiations. Elite’s lawyer David Thomson said that parties were in “Fergie time”.
Shortly after 1.30pm on Tuesday, Lord Braid heard that both sides had agreed a deal. The sum wasn’t disclosed in court. Speaking about the last minute deal, Lord Braid said: “It didn’t so much settle on the eve but in the final minute of stoppage time.”
Be the first to comment