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Rangers Chair Says Sports Direct Will Be 'Legally And Financially Held Accountable'

Scottish Championship side Rangers Chair Dave King has vowed to ensure Sports Direct is "legally and financially held accountable for its failures" after "lambasting the Mike Ashley-controlled company," according to Christopher Jack of the HERALD SCOTLAND. King has "hit out at the way" Sports Direct acted in recent months after Ashley was "successful in his bid to silence" the Government Expenditure Revenue Scotland board earlier this summer. A High Court injunction "prevents King or his fellow directors from disclosing details about the contractual arrangements in place between Rangers and the sportswear firm." But the South Africa-based businessman has once again criticized the "practices and tactics of Ashley, who in June snubbed the Extraordinary General Meeting he had called in a bid to force the Light Blues board to repay" the £5M loan he agreed with the former GERS regime in January. Ashley has an 8.92% shareholding in Rangers Int'l Football Club PLC and "control over a number of key assets, including Murray Park and Rangers’ registered trademarks, but in March saw close allies Derek Llambias and Barry Leach voted off the Ibrox board as King, Paul Murray and John Gilligan swept to power." Supporters continue to "boycott Sports Direct outlets and official club merchandise in protest at the way Ashley has conducted business with Rangers." King said, "Sports Direct continues to litigate with the club in an attempt to enforce its wishes and demands. This seems based on the simple logic that Sports Direct can outspend the club in legal fees and thereby deal with the club as it pleases" (HERALD SCOTLAND, 10/27).

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