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  It is with regret that we have therefore rescinded our agreement with Rangers FC with immediate effect, due to the club being in material breach of contract.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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502 Comments

  1. VAR have disallowed a Goal for Bournemouth as they decided there was a handball in the build up (it wasn’t). That handball was in the Bournemouth box so they gave a penalty to Burnley who scored.

     

     

    ———-

     

     

    Game is gone I’m afraid.

  2. I used to follow heavyweight boxing but not now.

     

     

    Too many diddies making money for crooked promoters.

     

     

    Todays heavies coodny live with Ali and company and Mike Tyson could take two of them on at the same time and beat them.

     

     

    Joshua, world champion ffs.

     

     

    Don’t make me laugh.

     

     

    I wouldn’t watch tonights fight if it was on free to view and was at 4:30 the day.

     

     

    Chancers the lot o them.

     

     

    Rant over!

     

     

    Any team news?

  3. Scottish LibDem leader ⁦@willie_rennie⁩ tells These Islands conference that Holyrood has “sufficient powers”

     

     

    Scotland. The only country on the planet that has native politicians representing foreign parties who will travel to another country to beg them for their support against its own country and people ruling itself and its resources.

     

    Imagine trying to explain this to a European,or a fecked up Unionist……

     

     

    smiley may your mirror crack thing

     

     

    Braw

  4. Philbhoy…is there a fight on…thanks for publicising it lol…sed to my nephew…put yer money on a draw

  5. TheLurkinTim on 22nd February 2020 4:30 pm

     

     

    Philbhoy…is there a fight on…thanks for publicising it lol…sed to my nephew…put yer money on a draw

     

     

     

    ……………………………………………..

     

     

    There will be a knockout, when a fight goes deeper into the rounds the mair likely for serious damage.

     

     

    I hope there is a 2nd round Knock out.

     

     

    Deontay or Tyson?

     

     

    Who knows…. these heavyweights just got Heavier for a reason.

  6. THELURKINTIM

     

     

    Certainly fit, no sure about the fightin’ bit!

     

     

    Glad you are feeling better!

  7. THELURKINTIM

     

     

    Coodny fight my way out of a wet paper bag, but my 5 wee brothers can fight like **** if called upon…………

  8. PHILBHOY on 22ND FEBRUARY 2020 4:30 PM

     

    DAVID17

     

     

     

    Do you think we will be treated fairly if VAR is introduced here?

     

     

    ——-

     

    VAR doesn’t make decisions, humans do. No.

  9. Pete…Fury, for all his mass (pun meant) and punching power…he’s got a glass jaw…if he takes it the distance…i’m going for the draw ;-))

  10. PHILBHOY on 22ND FEBRUARY 2020 4:40 PM

     

    DAVID17

     

     

     

    If var gets introduced here we’ll be lucky to make the top 6.

     

     

    ——-

     

     

    Relegation is a possibility.

  11. VAR…..?

     

     

    A good thing, especially if it obviates sleekit hunnery……..

     

     

    Introduce it once we’ve…….

     

     

    ” Fixed fitba….and emptied Hampden of The Dallas Kowboys…..”

     

     

    Aye!

  12. TLT,

     

     

    This is a knockout fight, hence the 3rd fight in alledged contract.

     

     

    Kilmarnock will be very tough to beat the morra, a Broonie missing Celtic side isnae the end of the world. he has been giving instructions for so long now.

     

     

    Magical Celtic.

     

     

     

     

    What a Trio

     

     

    Celtic

     

     

    Lenny

     

     

    Broonstigator. ;))

  13. One day you may hear the following sentence…’and todays referee is John Beaton, assisted by Douglas Ross and the VAR is Alan Muir’…

  14. Let me ask this…a genuine question…mibbe CBN has the data…how often does VAR favour the so called bigger team?

  15. Back to Basics - Glass Half Full on

    Sean T.

     

     

    Agreed.

     

     

    McGeechan is one of the wisest heads in rugby and a genius at getting the most from limited resources.

  16. The truth is this C4 investigation will be a hatchet job on Celtic fc. There will be little balance by including other clubs. It will be an attack to rubbish Celtic. The preview Twitter is the clue. It was a photo of the target, Celtic Park. I suspect that in the Sevco Investigation Thompson was ordered to drop matters and duly did and returned to “ones as bad or the other” and called Celtic fans the Millwall of Scotland.

     

     

    The people at Channel 4 are no different from other media and they are not our friends.

     

     

    I predict that this will be a missile directed at Celtic fc and although there was no official link to Celtic Boys club.

     

     

    This will be dismissed as there could be millions in compensation claims against Celtic

  17. James Forrest,

     

     

    The Truth is very simple. Yeshuah.

     

     

    Jesus Christ.

     

     

    Noone knows anything.

     

     

    Keep on keeping on, ye are a Tremendous wordsmith, KLF burned that million for a reason.

  18. James Forrest…was gonna ask you when a fact can’t be the truth…the FTSFA and media sychophants has answered it succinctly…

     

     

    H.H.

  19. TURKEYBHOY on 22ND FEBRUARY 2020 1:44 PM

     

    Phil backing up my claim about the scum badgering everyone,and anyone to take up the “Abuse”story.I know for a fact,Hun blogs,Orange halls,all being urged to harangue as many as possible to take Celtic to task.Totally impervious to their own clubs part in this horror.I did post earlier on this,no response,so just carry on amongst yourselves.

     

     

    As someone mentioned on here a while back……….anyone who uses this horror story of child abuse as a way of one upmanship, really are serious lowlife!

  20. I used to have great regard for Alex Thomson but that changed a fair bit when he seemed to back out of the investigation of the deid team when they were liquidated. Were Channel 4 got at by the same entity which made the Guardian back off from (was it?) Res 12?

  21. Bitton has done nothing in the last 2 games to merit a start in midfield tomorrow. The guy is a liability, as was shown by his 2 bookings.

  22. Are we as guilty as them in playing the whataboutary card…Celtic Bhoys Club has hee haw to do with Celtic FC PLC…but in the court of public opinion…we are guilty…let’s let the facts speak for themselves

  23. is elhamd still injured if he’s available play him in back 3 and play ayer in the middle, forget bitton

  24. El Hamed injured…..

     

     

    Back 3 of Jozo, Ajer and Julien.

     

     

    And for the love of Ghod, no Hayes please….