Hummel, Elite, rescind Newco agreement, start proceedings

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Hummel UK and The Elite Group issued a statement today noting they were rescinding their agreement with Rangers FC [sic.] with immediate effect, “due to the club being in material breach of contract.”  They add that they have commenced legal proceedings against the club.

The statement reads:

“Hummel UK & The Elite Group was proud to have entered into a supplier agreement with Rangers Football Club in good faith in March 2018.  We saw this as an opportunity to work together for the benefit of the club, its supporters and the Hummel brand.

“However, despite being given warranties and assurances by the Rangers board that the club was free to enter into their arrangement, it transpired that Rangers had previously signed a conflicting agreement with a third party.

“The club has therefore been unable to fulfil its obligations to Hummel & The Elite Group, which would have included the creation of a Hummel branded area within the Ibrox Megastore, along with crucial marketing activity such as perimeter advertising, player activations, and promotion on the Rangers FC website.

“Hummel UK & The Elite Group has nonetheless made payments to Rangers totalling c. £2.5m and supplied kit worth approximately £1m.  Despite doing all of this in good faith, we are now facing some public statements from Rangers which are not correct.

“We have been unable to find a way forward despite making repeated efforts to reach out to the club.  It is with regret that we have therefore rescinded our agreement with Rangers FC with immediate effect, due to the club being in material breach of contract.

“We remain willing to try and resolve matters with Rangers FC on an amicable basis.   Contrary to reports, Rangers is not owed any further payments from Hummel UK & The Elite Group at this time and we are disappointed by Rangers’ decision to commence legal proceedings in respect of these issues.  Those proceedings will not result in any payment to Rangers and are an unwelcome and unnecessary distraction for the club, its fans and Hummel.

“We have now begun our own legal proceedings against Rangers which we are very confident will result in a positive outcome so we can all move forward.”

This afternoon, Newco Rangers online store’s is selling Puma produced replica shirts from the 2017-18 season.

Next week, I plan to discuss financial matters with significant consequences for Newco.  They should not get too excited about the prospect of two Scottish entrants to the Champions League in 2021.

Also, I have had the statement since before 10:00 this morning (been in meetings since).  Curious that it has not been carried by the mainstreams.

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  1. for those with short memories, watch SCOTLANDS GAME

     

     

    on shortbread now.

     

     

    that huns entity had been cheating since the day souness joined.

     

     

    but it is an interesting watch.

  2. Hello again all you young rebels.

     

     

    From a beautiful sunny Melbourne morning, weather has been so

     

    up and down this year.

     

    Just watched our ladies game against Glasgow City on CTV seems you

     

    ghuys are getting it worse, horrendous conditions but great credit

     

    for our ghirls with a fantastic victory.

     

    Our own ladies tourney here in Oz starts in a coupla weeks and i hope

     

    to see those St Kilda Celts ghirls in the hoops march onto our park

     

    again.

     

    Huge crowds now for the womens teams and i’m certainly enjoying

     

    watching them.

     

    H.H . Mick

  3. GuyFawkesaforeverhero on

    Great stuff. This post wouldn’t work for kid on posters but since it’s only the hard core here on a Saturday night:

     

     

    It’s incumbent on every internet football fan to invent, should his brain be able, a uefa category his team rules the roost. Easy, peasy.

     

     

    This week, Celtic earning a uefa draw to reach 10 points for the season brings to an end our two and a half year reign as the Very Best, not exactly Brilliant Team in Europe.

     

     

    Succeeding CSKA Moscow after 2016/2017 when our 16.86 season dropped away, five campaigns have come and gone without us reaching double digits by a combination of managerial idiocy, defensive incompetence and missing sitters. We pass the baton to Astana, Kazakhstan. Long may they reign.

     

     

    Well played Neil and his squad.

  4. I have read butchers book and it’s a great read,apart from him drink driving and the police letting him away with it at Ipswich

  5. SCOTLANDS GAME reminding us that all of us should be grateful that oldco started signing players from the catholic faith!!, wtf.

     

     

    I swear i feel the same now about the little bastard as i did in 89.

     

     

    If i seen him in the street the morra, id feckin flatten him, spark the fecker oot!!.

     

     

    Hail Hail.

     

     

    ☘☘☘

  6. The old Flamingo ballroom in Cardonald and hundreds dancing all

     

    the same way round in a circle, a bit like those Muslims Sufi Zikr

     

    All it needed was the shout ” oh the ragers are shoite ” 8-))

     

    Now that was the Palais Glide.

     

    H.H . Mick

  7. macjay1 for Neil Lennon on

    ST TAMS on 22ND FEBRUARY 2020 6:05 PM

     

    GENE

     

     

     

     

    He was out of position when pass was played through for goal, as he was already pushing forward. But then again he’s not a full back and the £3m signing is deemed not good enough

     

     

    GENE on 22ND FEBRUARY 2020 6:11 PM

     

    St Tams

     

     

     

     

    I’m sure it was ntcham who was at fault for their goal – but it was because Johnny pushed up.

     

     

    =======================================================================

     

     

    Ntcham had four options for a pass including Johnny and tried the smartass shuffle instead of the smart move .

     

     

    The bleeding obvious.

  8. macjay1 for Neil Lennon on

    LAZYDYNAMITE on 22ND FEBRUARY 2020 6:58 PM

     

     

    My tv highlight of last year was when Jordan Peterson handed Kathy Newman her arse on a plate when she tried to make him out to be some kind of racist.

     

    ==================================================================

     

     

    Couldn`t agree more.

     

     

    Sadly Jordan is unwell right now.

     

    A badly needed counter to media BS.

     

    Manifested in a recent tragic suicide .

  9. WEEBAWBABITY-no apology necessary.We’re aw big enough to argue our own wee battles on here

     

    Golf with bhoys at mar hall soon and week in Vegas in June for my 50th🕺😉

  10. Looking for a wee poll here. What is the average age of a poster on CQN? I feel like a relative youngster at 54 but happy to be proved wrong.

  11. Neil Bhoy, 55 for me, but if it makes you feel older that means I’ve been watching for 7 decades just like you

  12. macjay1 for Neil Lennon on

    SHUGGIEBHOY67 on 22ND FEBRUARY 2020 11:12 PM

     

    Ah Dr Peterson

     

     

     

     

    The stupid man`s smart person.

     

     

    ================================================================

     

     

    You think he`s smart , then .

  13. The stupid man does, don`t you?

     

    I prefer the description of his fellow academic at Toronto,who describes him as,

     

     

    Professor of piffle

     

    HH

  14. Back to Basics - Glass Half Full on

    Off to bed having just watched MoTD.

     

     

    Someone paid £20m for Solanke thinking he would score goals.

     

     

    Someone paid £30m for Benteke thinking he would score goals.

     

     

    Someone paid £40m for Joelinton thinking he would score goals.

     

     

    Dearie me.

     

     

    Good night all.

     

     

    Hail hail

     

     

    Keep The Faith

  15. RON67 on 22ND FEBRUARY 2020 8:35 PM

     

     

    why don’t we just go back to the old 2-3-5 formation at home , work well in the past

     

     

    *our biggest mistake on Thursday was playing 4 at the back against a team just coming off their winter break, selling their top scorer and losing the first game back. I was looking for a 3-0 lead coming hame and with 2 strikers we possibly could have.

     

     

    We should count ourselves lucky that there is only a week between games as they won’t have a chance tae build up any steam unlike Ujpest Dozsa in the Richard and Dick series, after winning the 1st leg in Budapest we were very fortunate to tie the return game 1-1.

     

     

    Tomorrow we face a shell shocked kilmasonic who threw it away at hiram abiff stadium aet, which possibly cost the sheep 3 points up at the Ewe Coup today.

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