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Rangers WILL profit from new cinch SPFL deal as Ibrox club claim victory

Rangers will continue to profit from the cinch SPFL sponsorship despite league chiefs striking a deal that cuts the Ibrox side out of requirements to display the car dealer’s branding.

Gers bosses have spent the last year locked in a bitter dispute with Hampden supremos over the £8million package.

The Light Blues have blanked obligations to display the second-hand motor dealership’s logos round Ibrox and on their jersey sleeves, claiming it breached an existing arrangement with club chairman Douglas Park’ s own car firm.

But Record Sport understands the new arrangement negotiated by SPFL chief exec Neil Doncaster - and backed “overwhelmingly” by top-flight clubs - which now removes the contractual obligation from Rangers to parade cinch emblems will not prevent the club from receiving their cut of sponsorship and prize money.

The SPFL insists the amount of cash going to other clubs will also remain "materially unchanged”.

The new settlement comes after a poll conducted by YouGov found the fall-out had actually sent public recognition of the company soaring.

Rangers insist the decision to exclude them from the requirements of the £1.6m-per-year deal is a “full vindication” of their opposition to the cinch tie-up.

Park even took his fight to court last year, winning a legal battle with the SFA after the SPFL asked them to arbitrate the dispute between Rangers and the league.

The judgement saw the SFA ordered to cough up for both Park's and its own legal costs.

It’s now expected that case will be rendered needless after Gers were cut loose from their obligations to display the company’s branding.

The row blew up last July when the then reigning champions walked out for their opening day clash with Livingston with

Read more on dailyrecord.co.uk