The Sevco saga continues ...

[Frankfurter]

13 minutes ago, Footballfirst said:

They could always go with Donnay or Lonsdale kit for next season, with the Hummel Training Centre renamed the SDI Centre for Excellence.

 

Lonsdale does sound perfect for them, as per Wikipedia: "In the early 2000s, Lonsdale clothing became popular among some European neo-Nazis, allegedly because a carefully placed outer jacket leaves only the letters NSDA showing; one letter short of NSDAP, the acronym for Nationalsozialistische Deutsche Arbeiterpartei, the German name of the Nazi Party."

 

Also, apparently SDI has renamed itself to "Frasers Group".

[Dannie Boy]

1 hour ago, John Findlay said:

I get the distinct impression that Sevco thing they are above any court rulings and therefore above the law. It will comeback and bite them in the backside big style.

 It’s Dave Kings mindset. He is above the law especially corporate law. He just loves a court tussle!

[1971fozzy]

£15k fine ffs. Says everything.

yet the orcs scream the authorities are against them. Comedy gold. 

Edited February 19 by 1971fozzy

[Jambo-Fox]

I’m thinking Sevco will sign a multi year deal with anyone that will have them, however the first year will be commercially loaded in Sevcos favour (loss making to their partner), the following years will allow their new partner to recover their first year up front investment.

 

SDI are then given the option to match the first year (3rd year of SDI matching rights) of Sevcos new deal but as it’s loaded in Sevcos favour they tell them where to put it and off to court they go again .....

[King Of The Cat Cafe]

1 hour ago, Jambo-Fox said:

I’m thinking Sevco will sign a multi year deal with anyone that will have them, however the first year will be commercially loaded in Sevcos favour (loss making to their partner), the following years will allow their new partner to recover their first year up front investment.

 

SDI are then given the option to match the first year (3rd year of SDI matching rights) of Sevcos new deal but as it’s loaded in Sevcos favour they tell them where to put it and off to court they go again .....

 

 

Agree it is the kind of thing they would try, but I'd question if it is a legal tactic in any sense of commercial law and the courts would see right through it.

[Last Laff]

On 15/02/2020 at 14:01, Footballfirst said:

A summary of the interview here for anyone who missed it.

 

https://www.bbc.co.uk/sport/football/51515862

Did the bbc wipe it from the podcast mate?  That should be gold dust. 

[Footballfirst]

There is a statement apparently from Hummel that is circulating on t'internet re them terminating their contract with TRFC and planning to sue them.

 

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.

“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.”

 

 

 

 

Edited February 21 by Footballfirst

[Jambo-Fox]

FF - thanks - some pleasing news to start the weekend!

[Footballfirst]

6 minutes ago, Jambo-Fox said:

FF - thanks - some pleasing news to start the weekend!

 

SFM and CQN who went with the story appear to be backtracking on it.

 

SFM@TheSFMonitor4m

Think we've been had on the Hummel story. Hummel phone just dead, and not answering Twitter messages. Conclude that we are registering nuclear on the ***** scale. Think we have been had.

@rangersdaz called it first, but we need to apologise to Hummel &Rangers. Will delete tweets

[busby1985]

Rangers had 3 fans on the park last night and a fire cracker thrown from the stand. I suspect they’ll be hammered for it. Also hullo hullo being belted out as well.