Rangers chairman Dave King has vowed to sue Mike Ashley’s Sports Direct for ‘overdue payments’ – with the NUFC owner showing his true colours in the world of football once again.
This comes after further developments were released today on the continued dispute between Rangers and Mike Ashley over historic retail deals between Sports Direct and the Glasgow club, involving the rights to sell the teams kits.
Ashley’s company had a prior deal with the previous Rangers board that saw them take 93p for every £1 of club merchandising sold in Sports Direct stores, a deal taken when the Scottish side were in dire straits financially and needed all the help they can get.
Under new manager and ex-Liverpool legend Steven Gerrard, the club is now on a more stable footing but the fact that Ashley struck this deal with a club he owned a share of at the time, shows his true nature. Sports Direct always has and always will be his motive – something Newcastle fans know all too well.
Rangers Chairman, Dave King, has vowed to continue to chase Ashley through the courts released this statement;
“In terms of profits from Sports Direct’s sale of Rangers kit under the prior agreement, the Club has still not, despite repeated requests, received a proper accounting for the retail activities or payments due under it.
“That certainly does not provide me with any comfort in dealing with Sports Direct as a partner.
“It is solely because of Sports Direct’s refusal or inability to act as expected of a normal commercial partner that Rangers now has no choice but to litigate to secure payments that are due and are long outstanding.”
Rangers fans led a successful boycott to drive Ashley out of their club and this has to the goal for Newcastle fans.
There is clearly no help forthcoming from the FA or other bodies and the ‘fit and proper’ owner guidelines are clearly a joke; Newcastle need to take matters into their own hands and force him to sell – he isn’t fit to run a football club, let alone of the size of Newcastle United.
Rangers chairman Dave King vows to sue Mike Ashley's Sports Direct for 'overdue payments'https://t.co/7Q6IDxzFZV pic.twitter.com/27P1orq1vu
— Daily Record Sport (@Record_Sport) October 29, 2018
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Aye he is a roach and the courts bend over backwards for the fat man.
Denis Grant(Quote)
Ashley is a liar. He pays creeps to lie for him. There are no sports direct signs at ibrox. We boycotted the merchandise and protested against mike Ashley the lying scumbag. He keeps taking our club to court with his fancy solicitors but we will fight him until he no longer steals money from our club. Lee charnley is another creep who Ashley pays to lie for him just like he had lombais doing it at the rangers. Constantly misleading the supporters and stealing money from the club. Newcastle will find out the true scale of what Ashley the scumbag has been up to over the years.
James kelly(Quote)
This 93% ***** at Rangers is becoming as tiresome as the free advertising at SJP.
Simon Riddlesden – congratulations – straight in with the same inflammatory inaccurate garbage that the papers have been spreading for years .
The claim that Sports Direct took 93p for every pound taken is an unusual twist on the original claim that Rangers only got 7p.
Yes Rangers get 7% of turnover for Rangers kit sold, which they take without any further costs to be subtracted from it (with the possible exception of tax).
From the remaining 93% Sports Direct have to purchase the kit from Puma (not the cheap stuff made by Sports Direct) then there’s the included packing and shipping charges, insurance, tax, salaries, other staff costs etc, then store overheads.
The Anti – Ashley brigade are sharp in there with the accusations but scrimp on the facts.
By the time SD have paid their overheads their “cut” of this 93 p will be down to around 20 to 25%. Which is a reasonable profit .
For example , a lesser music artist can get less than 10% of the purchase price for each CD sold while the record label gets 30%.
With Ashley we already have enough material to slate him with – we don’t need to just make **** up.
Brrrian(Quote)
In other news, Ashley has promised £60m to Rafa in Jan for transfers, which is interesting because they have also quoted Chelsea that same amount to buy Lascelles in January.
BillyTheFish(Quote)
Ashley is a total A******e everyone knows this, its a pity like a rabid dod can be put down, the same can’t be done to him.
Allan(Quote)
I feel sorry for NUFC. The man and his morals are disgusting.
He could make money or get better exposure if he went about things differently. He clearly doesn’t care and seems to revel in causing distress.
As for Rangers, there looks to be a bit more behind the scenes as to him getting involved in the first place. Charles Green should have serious questions to answer. Ashley’s actions can be best described as malicious. There’s no business reason behind any of it.
BigJock(Quote)