Rangers are locked in a £338,000 legal battle over a kiosk payment system.The club are being sued by Southbank Asset Finance Ltd at a civil hearing at Glasgow Sheriff Court.
The company via two others firms - Sporting Pay and Paytek - allege to be owed the cash for the use of card payment devices throughout Ibrox Stadium.Rangers are fighting the claims and that Sporting Pay also broke a sponsorship agreement.
The club teamed up with Sporting Pay in early 2020 to provide cashless payment equipment throughout its stadium. Sporting Pay was to provide 216 terminals with software at Ibrox and "maintain it in good working condition throughout the period of their appointment.”Court papers state it was to cost Rangers around £12,500-a-month.
The club were asked to make payments to Sporting Pay via Southbank's sister firm PayTek.It is said they also entered into a sponsorship agreement that Sporting Pay would become the former Scottish Premiership champions "official payments technology suppliers." Rangers allege Sporting Pay were to give them sponsorship money first.It is said the Glasgow side would pay PayTek 30 days later for the use of the financial system and card terminals.
Read more on dailyrecord.co.uk
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