Rangers have resolved a conflict with the administrators of a sportswear company regarding the Ibrox club’s uniforms.
Elite Sports Group Ltd was pursuing £9.5m in damages over an alleged contract violation.
The company, which entered administration last year, manufactured Hummel kits for the team but claimed that Rangers’ agreement of a separate contract with Castore in March 2020 breached their original terms.
An eight-day trial was set to commence at the Court of Session in Edinburgh on Tuesday, but it has now been resolved with a confidential settlement.
The case initiated by Elite stemmed from a prior legal issue involving Sports Direct and Rangers.
Attorneys for the company, previously owned by former Newcastle United owner Mike Ashley, approached the High Court in London in October 2018 to block the agreement between Rangers and Elite.
This deal was intended to allow Hummel, via Elite, to supply Rangers with kits and sell replica items to fans.
Judge Lionel Persey QC concluded that the three-year contract with the Danish producer proceeded without Sports Direct being offered the chance to match it.
The order stated that the club could not “wear any Official Rangers Technical Products designed by, supplied by, gifted by or manufactured by Elite or Hummel, or bearing the Hummel brand.”
In March 2020, Rangers secured a new deal with Castore, reportedly worth £20m for the next five seasons.
The Manchester-based brand, which has tennis star Andy Murray among its investors, was valued at £750m in September 2022.
Elite’s legal team successfully applied for the disclosure of sales data concerning Castore products.
They informed the Court of Session on a prior occasion that this new partnership led to financial losses for Elite, for which they sought compensation.
However, before the trial was scheduled to start, both parties engaged in further discussions.
Lord Braid allowed negotiations to continue until 13:30.
Upon returning to court, the parties indicated that there was no longer a need for the trial to proceed.
Elite’s attorney, David Thomson KC, mentioned that an additional hearing might be necessary next week, although he could not guarantee it would occur.
He stated: “It is hoped that it won’t be necessary and if it is, it will be merely a formality.”
Lord Braid officially discharged the hearing.
