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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  It is with regret that we have therefore rescinded our agreement with Rangers FC with immediate effect, due to the club being in material breach of contract.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. DALLAS DALLAS:@5.06

     

    Correct my friend.My late father raved about Willie Fernie,and his only regret we never got Peter Doherty in our team.

     

    🇮🇪☘️🇮🇪

  2. If P67 has had this from before 10am, I doubt it’s false.

     

     

    Any links to the site, the UK site is just a sales site.

  3. Natknow

     

     

    He posts on twitter. Posted at half time last night that our slackness may come back to haunt us. He was, as so often on here, correct.

     

     

    HH jg

  4. The hands cant hit what the eyes cant see on

    So the statement on which this article is based is fake? Google should be returning some hits on this statement from Hummel but is showing up nothing (aside from the CQN article).

  5. I’ll keep the faith with P67 until we know differently, never steered us wrong before, disagreed with an occasional opinion, but not on the facts.

  6. “We remain willing to try and resolve matters with Rangers FC on an amicable basis”.

     

     

    “to”

  7. JAMESGANG on 21ST FEBRUARY 2020 6:46 PM

     

     

    Natknow

     

     

    He posts on twitter. Posted at half time last night that our slackness may come back to haunt us. He was, as so often on here, correct.

     

    ——————————————

     

     

    Ah cheers dude – I’ll look him up!

  8. Just logged back on to find that the Hummel/Elite thingy may be a hoax !!! Like you Doc I have had issues with Paul67 at times but never doubted his honesty . Can someone give Paul a ring and see what the sketch is :@)

  9. Back to Basics - Glass Half Full on

    Hhmm.

     

     

    Fans of racist club accuse us of racism.

     

     

    Fans of club who routinely generate fake news accuse on of ours of … ahem … fake news.

     

     

    Hhmm.

     

     

    As for H. McLeish – SFA earlier today?

     

     

    No downside for anyone involved.

     

     

    BBC puppet gets story courtesy of Jabba

     

     

    Sevco get a squirrel

     

     

    Ex-MSP who had his own … ahem … financial irregularities gets a free plug to remind people he is available for any non-exec / steward’s enquiry / after dinner gig.

  10. I have emailed Hummel. If I receive a reply ( They say they will do so within 24 hours), I will reveal all !

  11. Paul67 et al

     

     

    Unless I am mistaken Celtic Ladies FC kick off the new Championship against the mighty Glasgow City FC, and it is shown on BBC Alba right now I think. Let us see if we can off to a good start against Scotland’s top team.

  12. lets all do the huddle on

    the celtic ghirls new signing Anita has done well for herself since she finished last in the 1984 eurovision song contest

     

     

    though now she’s experienced the EK weather she will probably take up her singing career again

  13. …oh what fun and larks!

     

     

    The sleekit emergin’ o’ sum characters…………

     

     

    Haw Huns! How yeez doin’…………..Really?

     

     

    ;))))))))))))))))))

  14. Sorry Ron, been watching UTd and ICT

     

    I hope these two extracts explain why I think it is about more than a sstraightforward commercial deal:

     

     

    ““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.”

     

    and,

     

     

    ” 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.”

  15. Charge 1 – Proved under deletion

     

     

    Sanction – £4000 fine

     

     

    Charge 2 – Not Proved

     

     

    ftSFA

  16. Celtic Girls outplaying Glasgow U in 1st half.Game being played in a horrendous hurricane.Girls,God bless them,just getting on with it.Hit the post and bar.2nd half just starting.Celtic TV,terrific coverage.Tom Boyd on commentary.

  17. Good to see the women get to play in the same conditions as the men often do in the EPL. All credit to both teams therefore for the effort put in. 0-0 at half-time.

  18. Glasgow just scored the most blatantly offside goal.Standing on the goal line.Goal given.Dear God.

  19. Ron

     

    Obviously, we don`t have to be `arsed` but, as they are our main challengers, it seems fairly natural to be so.

     

    On a personal level, I feel that the Establishment in Scotland –MSSM, SFA etc– have done so much to help the old Rangers and the current Sevco that I am happy when justice seems to be being done therefore take an interest in any indications that such is the case.

  20. I don’t get all the angst about Paul67’s article if it is true we can look forward to another round of good old fashioned belly laughs at Sevco’s works team’s expense. If he has been pranked and it is a hoax we’ll it’s been a bit of a laugh and he will hold his hand up.

     

     

    He will not be the first person to be taken by a hoax, think debenture and seat for life, and he certainly won’t be the last. If it is a hoax obviously.

  21. Not sure if the above statement is true or not but Hummel are no longer showing as one of their official partners on their Sevco website

  22. Doc 6.44.

     

    Fair enough and respect Doc.i am with you on Paul

     

     

    Weird few days. Hummel and Ellie are quiet on this whole scenario,especially as trfc have told all they are looking for a new kit maker.

     

    Then this info/misinfo

     

    Where does this fit in?

     

     

    I am sure a lot of bills are due over at ibrox.

     

     

    Hope all is good Doc

     

     

    HH

  23. RON BACARDI on 21ST FEBRUARY 2020 7:35 PM

     

    Why does Paul think we should be arsed about the commercial deals of the club at Ibrox?

     

     

    ————

     

     

    Know your enemy springs to mind.

     

     

    Thems are doing all they can to stop nine in a row beg, steal borrow.

     

     

    It was no surprise to me reading Paul’s header today and have no reason to doubt it.

     

     

    The shit will hit the fan again with them if nine is secured.

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