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  It is with regret that we have therefore rescinded our agreement with Rangers FC with immediate effect, due to the club being in material breach of contract.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. macjay1 for Neil Lennon on

    LAZYDYNAMITE on 23RD FEBRUARY 2020 10:02 AM

     

     

    I know personally people who , like yourself , have benefited greatly from Jordan`s expertise and advice.

     

    This gives me a sense of loyalty to him particularly at a time when he is facing his own health challenges.

     

    As a West of Scotland Tim , I have probably grown up with a heightened sense of what I perceive to be unfairness and injustice and as a result feel the need to confront same .

     

    Its probably stems from my part Irish DNA. Like many of us .

     

    Nothing better than to hear of the assistance he has provided to your goodself and to others of my ken.

     

     

    Affoot the noo.

     

    Kind regards .

  2. I’m only joking with you, some of the women commentators are hard to listen to, however

     

    So are some of the men :-)

  3. The Battered Bunnet on

    Managed a few away games lately, but this is my first wee dauner down to Celtic Park for a full month.

     

     

    Thermals to manual.

  4. I confidently predict a hard-fought encounter today where we have overcome them and the ref.

     

     

    Every point’s a prisoner……………………………

     

     

    Any win will do.

     

     

    HH.

  5. DENA29

     

     

    I record Sportscene and Match of the Day, then watch them with the sound off at my leisure.

  6. I’ve honestly never seen anything like the changeable weather of the last 90 minutes. We’ve had 3 nice beautiful sunny intervals, but in between there’s been 2 heavy snow falls and a short dose of hail hail. Then there’s the strong wind, although that might just be me. So my suggestion would be to dress expecting the worst of weather today and then if you’re too hot at the game take that as a bonus!

     

    perhaps the temperature will rise around 3.15pm when today’s other game in Perth comes to a conclusion.

     

    Hope to catch some of you at The Corner, weather permitting!

  7. DENA29

     

     

    I usually record Sportscene/Match of the Day, then view at my leisure, with the sound OFF.

     

     

    Much more enjoyable.

  8. Didn’t realise my post at 11:38 went.

     

     

    Was getting “duplicate comment posted” but nothing was showing, so posted again.

  9. I find watching football with the sound turned down a difficult thing to do. But what I’ve now realised is that I just need SOME sort of commentary, not necessarily to listen to but just to make the game feel real. I often watch games on the BBC Alba channel – Friday night’s ladies game being the most recent example. I hardly understand a word the gaelic commentator is saying but the inflection in his voice is enough to make it enjoyable.

     

    Being there in person is a different matter of course. Where I stand there are hundreds of commentators around me and I rarely agree with any of what they’re saying.

  10. Celts win one nil in the last few mins will do me fine…………………….

     

     

    Keep denyin’ the huns any hope, however sma’ from here on in…………………

  11. Hello again all you young rebels.

     

     

    What to do time now, do i stay up and watch the game or

     

    go to bed and get up at 2 a.m.

     

    If i stay up i’ll end up pashed and miss most of it.

     

    If i get up at 2 a.m i’ll sleep through most of it.

     

    Decisions, decisions.

     

    H.H . Mick

  12. 3 points required for my Bhoys’ 18th birthday today.

     

     

    Happy birthday Connor!

     

     

    Unfortunately no party as he is just about to head out with his pals and doesn’t want a fuss. 🥴

     

     

    The cake will have to wait.

  13. Yo ho ho, off we go

     

    What do you know, it’s nine in a row

     

    Bye bye Rangers

     

    Celtic’s on the ball again, on the way to make it ten

     

    Bye bye Rangers

     

     

    You can talk about your great defenders

     

    Sing and shout about your No Surrender

     

    But let us give you this wee tip

     

    We’ll be there for the league and the cup

     

    Rangers bye bye

     

     

    Yo ho ho, off we go

     

    What do you know, it’s nine in a row

     

    Bye bye Rangers

     

    Celtic’s on the ball again, on the way to make it ten

     

    Bye bye Rangers

     

     

    You can talk about your great defenders

     

    Sing and shout about your No Surrender

     

    But let us give you this wee tip

     

    We’ll be there for the league and the cup

     

    Rangers bye bye

     

     

    But let us give you this wee tip

     

    We’ll be there for the league and the cup

     

    Rangers bye bye

  14. CELTIC: Forster; Simunovic, Jullien, Ajer; McGregor, Frimpong, Rogic, Christie, Taylor; Griffiths, Edouard.

     

    Subs: Bain, Bitton, Bayo, Klimala, Bauer, Bolingoli, Elyounoussi

  15. CELTIC: Forster; Simunovic, Jullien, Ajer; McGregor, Frimpong, Rogic, Christie, Taylor; Griffiths, Edouard.

     

    Subs: Bain, Bitton, Bayo, Klimala, Bauer, Bolingoli, Elyounoussi

     

     

    Forrest rested, presumably Hayes as well. Glad wee Greg Taylor fit, good bench as well. Get intae them Celtic!🍀

  16. Interesting team.

     

     

    Frimpong playing further forward today?

     

     

    No Jamesie or Jonny or Ollie or Broony.

     

     

    Injured or rested?

  17. Just keep an eye on Brophy shoots from anywhere, strong laddie, squat, runs the channels well gave Ajer a hard time at Rugby Park when he came on.

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