Rangers chairman announces end to Sports Direct retail dispute

Glasgow Rangers
Glasgow Rangers

Dave King's dispute with Mike Ashley is over after the Rangers chairman announced a deal has been struck with the Sports Direct businessman.

The Ibrox chief called a surprise press conference on Wednesday to confirm a new kit deal with Ashley's retail firm has been agreed.

It sees the current seven-year merchandise agreement - which reportedly earned Rangers seven pence from every pound spent in club shops - ripped up and a new 12-month contract put in place.

King hopes the deal will encourage supporters to end their kit sale boycott and provide a major financial boost as Rangers aim to take on last season's runaway Ladbrokes Premiership winners Celtic.