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OOOFFFTTT

Rangers have launched legal action against Green, Ahmed, Stockbridge, Llambias, Sports Direct and Mike Ashley.

posted on 23/5/16

Saw someone earlier say that the merchandising contract had cost rangers millions.

Good luck with that one.

I believe the club gets 4% of sales? If that's the case, then with no risk and no investment it's not a bad deal (the only contentious bid was that rangers would buy back unsold merchandise).

In any case, the blame goes straight back to Sdm for this. He basically mortgaged the club's future in the original deal with Jjb. It's been downhill from there as far as merchandising goes.

posted on 23/5/16

Yeh , great deal ...13m sales gets you 520k !!!

posted on 23/5/16

£520k from £13m is exactly 4%.

I'm not sure how much the club actually expect to earn on ROS.

posted on 23/5/16

Obviously more than 4 % !

posted on 23/5/16

It's just a different term For it hector.

Not in London ?

posted on 23/5/16

"Obviously more than 4 % !"

Why?

Retail business operate on very low margins.

posted on 23/5/16

Hector?

comment by Hector (U3606)

posted on 23/5/16

What?

comment by Hector (U3606)

posted on 23/5/16

A different term is it?

ffs!

posted on 23/5/16

comment by Gingernuts (U2992)
posted 5 hours, 6 minutes ago
"Obviously more than 4 % !"

Why?

Retail business operate on very low margins.
----------------------------------------------------------------------
Ginger..exactly my point before I went off to see Brendan, walking past the Celtic superstore on the way.
4% with no risk or investment.....not too shabby. Not sure how much the bears expect to make from any new deal...or where the funding will come from.

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