Rangers have released a short statement after a court ruling found the club are within their rights to claim outstanding retail revenue from Hummel and the Elite group.
A court ruling back in July ordered Rangers not to use the Hummel/Elite Group agreement concerning the club’s retail operations from next season after they were adjudged to have breached a contract with Sports Direct by not offering SDI first option on a kit deal [Scotsman].
But this new ruling means that Rangers will not be in breach of that injunction by pursuing Hummel/Elite for the reported £2.5m they owe the club in retail merchandise.
“Rangers will not be in breach of the Injunction should it seek (whether by court action or otherwise) to recover sums said to be due to it under the Elite/Hummel Agreement,” said Judge Lionel Persey QC [Scottish Sun].
This has led Rangers to release a statement saying that they are “pleased” with the High Court judgment and will now be seeking to recoup the outstanding payments.
“Rangers is pleased with yesterday’s Judgment at the High Court and hope it will now lead to Elite clearing the outstanding payments to Rangers referred to in the Judgment,” reads a club statement.
“It has been necessary to keep these issues confidential pending the Court’s decision.”
The ongoing retail situation at Rangers has been hanging over the club for the better part of a decade.
After the ruling back in July, Rangers’ hands remain tied by vexatious legal proceedings and this is just the latest ruling in a long-line of energy-sapping judgments.
Whilst this time the situation has brought a positive outcome for Rangers, fans will be longing for a time when the club’s retail arm returns to some level of normality.