may 18, 2016 - Rangers announce changes to the much maligned Retail deal with Sports Direct struck during Charles Green's time in charge. After litigation agreement will be reached in June 2017, when Rangers pay £3m to exit the old contract in favour of a new deal. The new deal goes on to form part of future legal proceedings between the parties

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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.

https://rangers.co.uk/news/headlines/club-statement-57/

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