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Confirmed: Rangers regain legal ownership of its name and trademarks


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RANGERS has regained the legal ownership of its precious trademarks from Sports Direct supremo Mike Ashley, it has been confirmed.

 

A host of Rangers and club-related trademarks and logos including the club name, Ibrox and The Gers, were held by Mr Ashley and Sports Direct as security against a £5 million emergency loan taken by the club at the start of last year.

 

Mr Ashley, who is also the Newcastle United owner and has a near 9% share in Rangers, gave the Scottish Championship leaders the money to help them remain solvent - but it came with a string of conditions including securities over assets, including trademarks.

 

http://www.heraldscotland.com/news/14274274.Confirmed__Rangers_regain_legal_ownership_of_its_name_and_trademarks/

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  • 3 weeks later...

Sports Direct now out of the FTSE100.

 

"The discount sportswear retailer has seen its share price slump around 50 per cent since hitting a peak last summer. The Guardian notes the stock has fallen 40 per cent since December alone, when the paper published a searing expose on its working practices. "

 

http://www.theweek.co.uk/67811/sports-direct-discord-grows-as-ftse-100-ejection-looms

 

Karma ! :seal:

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Sports Direct now out of the FTSE100.

 

"The discount sportswear retailer has seen its share price slump around 50 per cent since hitting a peak last summer. The Guardian notes the stock has fallen 40 per cent since December alone, when the paper published a searing expose on its working practices. "

 

http://www.theweek.co.uk/67811/sports-direct-discord-grows-as-ftse-100-ejection-looms

 

Karma ! :seal:

Quite a big thing that. Means a fair few hedge funds will have to sell their stock.

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