So we have paid 3 mill to exit the old deal
Will be penalised more than 1 mill for this deal
Owe them a percentage of sales for last year
Owe them a percentage of sales for this year
Judge decides what happens after that
We are stuck with SD in perpetuity
We struggle to buy the strip anywhere anyway
Is that it in a nutshell?
What an absolute shambles.from next season as it stands, yes
let's get one thing straight, Ashley is no longer in this for the money .
See if this was the case, them why would the pop up store not have been pulled before now?That was what caught my eye. I think we are being forced back to SDI from next season. I think we are being forced to compensate SDI for their losses last season and this season (the Judge described their losses as running into many millions of pounds), Elite are going to suffer losses and will likely sue Rangers. Just in a very quick read so may have understood some of it.
There is very little I can see in that judgement to be in any way optimistic about. A defeat undoubtedly, and a very heavy one at that.
Hopefully my speed read has come to the wrong conclusions. Would welcome @Marty101 opinion on this when he gets the chance.
They wont - they have lodged an appeal so the case is still 'live' as far as they are concernedBoard need to come out and make some sort of comment on this
Unfortunately that is the contract that we signed. The mind boggles why?in what scenario does a judge think that allowing a corporation to have its boot at the neck of another one is acceptable?
Board need to come out and make some sort of comment on this
Sounds great. No merchandise money for 5+ years and falling further behind the pigs financially.What’s the point of an appeal ? We’ve made a mess of it so far , a shambles in fact .
Is it not best to just completely boycott kits and merchandise from SDI until the deal runs out completely ?
Tell fans to put what they would’ve spent on kit towards rising stars . At least the money stays in the club .
No bear is going to give Ashley money .
It more than covers loses as they would have had no sales due to boycott.Compensation capped level not adequate to cover losses .
Then Elite might sue us too. Brilliant.This is going to cost us millions. We are going to have to pay SD same profit that Hummel made and other costs. Indefensible.
Also it says they are entitled to elites profit and sales. Who would pay them this? Elite or us? If its us then Elite might not have any reason to sue us. Considering they have opened 2 stores and recently a pop up shop, doesnt sound like this will come as a surprise to elite. They knew the risks.That was what caught my eye. I think we are being forced back to SDI from next season. I think we are being forced to compensate SDI for their losses last season and this season (the Judge described their losses as running into many millions of pounds), Elite are going to suffer losses and will likely sue Rangers. Just in a very quick read so may have understood some of it.
There is very little I can see in that judgement to be in any way optimistic about. A defeat undoubtedly, and a very heavy one at that.
Hopefully my speed read has come to the wrong conclusions. Would welcome @Marty101 opinion on this when he gets the chance.
Sounds great. No merchandise money for 5+ years and falling further behind the pigs financially.
If SDI match a reasonable deal we should do it.
I'm with you but the law being the ass it is ,the judge doesn't seem to agree.It more than covers loses as they would have had no sales due to boycott.
See if this was the case, them why would the pop up store not have been pulled before now?
That's what we will have to happen I'd say, yes.What do you mean ? Jump back into bed with SDI after wasting millions buying ourselves out of a contract with them ?
highly doubtful now imoaway kit due to be on sale Friday also
Sounds like we’re due SD millions in compensation, we might not be allowed to sell our 2nd and 3rd kits, we’ll be back with SD forever, SD will decide who makes our kit, we’ll never be free from SD unless they decide to walk away, and Elite will probably sue us.
Can’t really see any positives in this.
But we obviously didnt buy out the contract did we.What do you mean ? Jump back into bed with SDI after wasting millions buying ourselves out of a contract with them ?
It is sickening as not everyone thinks like you or I. A lot will buy from sports direct regardless of they need to.It’s not sickening . They can’t make us buy from them .
I’d rather spend £40 buying the new rising stars tickets than buy a kit from Mike Ashley
y
yeah thats exactly what i took from it all. its a pumping to say the least and i dread to think how much we will be forced to pay them. we could be forced to sell morelos now for a low ball offer
highly doubtful now imo
Its sickening that we have to pay them damages obviouslyIt’s not sickening . They can’t make us buy from them .
I’d rather spend £40 buying the new rising stars tickets than buy a kit from Mike Ashley