Rangers serve notice to cancel licence agreements with Rangers Retail Ltd
via Evening Times |
RANGERS have served notice to cancel the contracts relating to their merchandise agreements with Rangers Retail Limited.
Ibrox shareholder Mike Ashley controls Rangers’ retail output through his Sports Direct chain but supporters continue to boycott the Rangers Megastore and Ashley’s shops in protest.
A club statement read: “The Rangers Football Club Limited has today served notice on Rangers Retail Limited terminating the IP Licence and Rights Agreement with that company with immediate effect.
“The Club now needs to speak to its commercial partners to agree the next steps flowing from the termination and will make no further comment on this matter whilst discussions are ongoing.
“The Club will endeavour to communicate further with its supporters and customers for Rangers Kit and other Rangers products as soon as it is in a position to do so.”
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