Sevco have pleaded with to allow them to get a kit deal in place for next season.
Rather than pay out to Sports Direct for their contract breach the Ibrox side seem happy to play for time rather than stump up the ‘millions of pounds’ owed in compensation.
The clock is now ticking down to season 2020/21 which requires kits to be designed with the production and marketing campaigns scheduled for release in May.
Picking up on the report from the Press Association the Daily Record reveals:
In July, Judge Persey said he had reached no conclusion on how much compensation the club should pay to SDI and a decision on that matter is expected shortly. But an injunction aimed at preventing further breaches of the original agreement between Rangers and SDI was imposed.
Lawyers representing Rangers on Wednesday asked the judge to relax the injunction. They said it was hindering its ability to deal with sports clothing company, the Elite Group. SDI raised objections to the latest Rangers court bid.
Judge Persey said he would deliver a ruling on a date yet to be fixed.
The 2019 Ibrox accounts made no allowance for a pay out to Sports Direct with the Ibrox club funding the legal costs of both sides in the current litigation. The accounts also recorded a shortfall of £10m to see the season out.
With the Sports Direct dispute unresolved it is highly unlikely that there will be any fresh investment at the club ruling out Alex Rae’s recent theory. Despite telling shareholders that he would be stepping down Dave King remains as chairman.