What happens to existing kit/sponsorship deals?

[Max Rebo's Big Blue Nose 0]

Sorry if this has been done before but....

 

If the company that ran Rangers previously is dissolved/liquidated/whatever, what happens to existing contracts regarding Umbro and Tennants? Are they null and void as they were agreed with the old co.?

 

It would be good if we could get a new kit deal that is more lucrative? Maybe a Nike or Addidas deal? At first I thought Nike would be a no-no as they don't generally work with 2 major teams from one city but now that Man City have signed a new deal with them (worth £12 million a year apparently) then that theory is out the window. Surely we sell more shirts than Man City?

 

Cheers in advance

 

Max Rebo

[the gunslinger 3,366]

seem to be being honoured by the newco.

[stewarty 2,123]

I would presume it is an asset that is transferred to the newco and will continue on existing terms unless the sponsor has an exit clause they wish to exercise.

[calscot 0]

JJB deal would be good to break as we already had the up front money. A bit mercenary but they've been pretty rubbish and lost us money.

[the gunslinger 3,366]

did we break the close leasing deal?

[Max Rebo's Big Blue Nose 0]

seem to be being honoured by the newco.

 

Is it not up to the provider/supllier whether the contract is honoured? They signed a deal with a "company" that technically doesn't exist anymore?

[Max Rebo's Big Blue Nose 0]

JJB deal would be good to break as we already had the up front money. A bit mercenary but they've been pretty rubbish and lost us money.

 

We need to reclaim this city back IMO. I hate the fact that you arrive at Glasgow Airport and immediately see a Celtic megastore. Makes me feekin sick TBH

[the gunslinger 3,366]

Is it not up to the provider/supllier whether the contract is honoured? They signed a deal with a "company" that technically doesn't exist anymore?

 

did any of them get relegation or liquidation release clauses?

 

in truth its just another thing to add to the list of shit were not being told.

[the gunslinger 3,366]

a shop at the airport would be a big loss making excercise.

[GovanAllan 0]

We need to reclaim this city back IMO. I hate the fact that you arrive at Glasgow Airport and immediately see a Celtic megastore. Makes me feekin sick TBH

 

What makes me sick is they must be running that shop as a loss leader, no way it's breaking even. How can they keep spunking money on things and show a profit something stinks in the tattiedome and its not the fans.