Rangers' partners Castore answer Mike Ashley shareholding question
Photo by ADRIAN DENNIS/AFP via Getty Images

Rangers' partners Castore answer Mike Ashley shareholding question

Rangers new retail partners Castore have confirmed that once again that “Mike Ashley has no shareholding in Castore”.

The premium sportswear brand has responded to enquiries about the High Street billionaire following comments made on the official Sports Direct Facebook page.

A trolling Facebook post was set up which claimed the retail chain would be selling the new Castore Rangers home kit “exclusively” from the 1st of August.

Rangers fans were trolled by Sports Direct in a bitter Facebook post on kit launch day. (Photo by Mark Runnacles/Getty Images)

Naturally, this had fans fuming such has been the frosty nature of the club’s relationship with Mike Ashley, who has had a stranglehold on the club’s retail operations for the best of a decade.

Rangers released a statement reiterating that the partnership is exclusively between Rangers and Castore – but admitting any high street retailer is free to buy the kits.

Now following a spate of enquiries Castore have doubled down on this by confirming that Mike Ashley has no shareholding in their company.

“We can confirm that the club are now benefiting more than ever from every sale through the online store and megastore opening August 1, 2020,” Castore told the Rangers blog.

“We can confirm Mike Ashley has no shareholding in Castore.”

Castore founders Phil Beahon and Tom Beahon are adamant Ashley owns no shareholding of their company. (Photo by Darren Gerrish/WireImage)

Whilst Sports Direct may well be stocking Rangers kit fans are being encouraged not to purchase from the vendor and boycott any businesses attached to Mike Ashley.

Rangers have also announced a £250k investment from Castore to renovate the previously Ashley operated Rangers Megastore, rebranding it as The Rangers Store.