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Big Rangers Administration/Liquidation Thread - All chat here!


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Dont know really. Although, if the rumours of Rangers having to buy back unsold stock are true then it could turn out to be pretty bad for them.

Perhaps, but the general consensus is that the deal is a disaster at the profit split level, which your numbers suggest isn't actually the case.

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Perhaps, but the general consensus is that the deal is a disaster at the profit split level, which your numbers suggest isn't actually the case.

No. I did make a slight mistake, though. The £14 isnt the gross profit, its net. That means the gross is probably more like £30 per strip (or 60%). Now, Rangers could keep all that to themselves but they would also have to run, and pay for, a retail operation out of that money.

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I thought the whole deal was rewritten later when all the shop thing happened.

I guess us mere mortals have no way of knowing with these gagging orders, the board will know of course.

Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

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I thought the whole deal was rewritten later when all the shop thing happened.

I guess us mere mortals have no way of knowing with these gagging orders, the board will know of course.

Would reckon Ashley will have used sound advice from city lawyers drawing on previous precedents in the terms of the contracts, making them pretty much bullet proof.

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Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

It might look like a bad deal today, but when they had to take, it was the only offer on the table. Had they not taken it, they would probably be out of business today. The Rangers fans seem to be forgetting that.

Beggars can't be choosers. Kinda ironic that.

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Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

Exactly, the deal is actually free money. Absolutely no hassle risk or cost, but with a limited return. You can't have it all ways.
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The current SD contract is dated January 15, this was confirmed in court today, so his own employees were definitely complicit, now what were you saying earlier about facts?

Sevco agreed to the contract.

No point crying about it now.

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