Rangers Asked to Respond to New Update on Charges for Breaching Cash Card Firm Policy
Rangers Football Club has been called upon to address a fresh development in an ongoing legal battle with fintech firm Reputation Exchange PLC (REPX), as new details emerge regarding allegations of breaching a contractual agreement over a customised payment card scheme. The Ibrox side, already facing a lawsuit potentially worth up to £2 million, is now under pressure to clarify its stance following what has been described as a “new update” in the case, which centers on claims that the club derailed a fan-oriented cash card project after significant investment by REPX.
The dispute, which has landed in Scotland’s highest civil court, the Court of Session in Edinburgh, stems from an aborted deal that was intended to provide Rangers supporters with a branded pre-paid card. According to REPX, the club signed off on the initiative, leading the company to pour over £500,000 into development and design work, alongside an additional £120,000 in cash payments to Rangers as part of an agreement to launch the card in August 2023. However, REPX alleges that Rangers abruptly pulled the plug on the project, leaving the firm with losses estimated at £1.5 million, plus further costs for wasted management time.
The latest twist in the saga came to light this week, with sources indicating that an unspecified “new update” has prompted calls for Rangers to respond formally. While the exact nature of this update remains unclear—potentially involving fresh evidence, revised claims, or a procedural shift in the case—it has reignited scrutiny on the club’s handling of the situation. REPX has maintained that Rangers breached Clause 12 of their contract, a position they say is backed by advice from senior Scottish legal counsel, and they are seeking compensation for their financial outlay and subsequent losses.
Rangers, for their part, have remained tight-lipped as the legal proceedings unfold. A club spokesperson previously stated, “As this is a live legal issue, it would be inappropriate to comment,” a position they are likely to reiterate amid this latest development. The timing is particularly awkward for the Gers, who just five months ago celebrated being “free of any litigation claims for the first time in over a decade,” only to find themselves embroiled in this high-stakes dispute shortly thereafter.
The case has already seen its first virtual hearing before Lord Sandison on April 3, 2025, with a procedural hearing scheduled for May 2, 2025, to further iron out the legal arguments. REPX, a London-based firm known for creating similar payment products for clubs like AC Milan and Torino, has painted itself as a victim of Rangers’ alleged U-turn, claiming the club “effectively blocked the issuance of the card on instrumental grounds” that their legal advisors dismissed as unfounded.
Fan reaction has been mixed, with some expressing frustration over the club’s off-field distractions at a time when focus is needed on the pitch. “Another mess for Rangers to sort out—can’t we just get back to football?” one supporter vented on social media. Others, however, see it as a broader issue of financial mismanagement, with one fan noting, “If they’re dodging deals like this, what else are they mishandling?”
As the court case looms, the “new update” adds another layer of intrigue to an already contentious saga. Rangers now face mounting pressure to provide clarity—whether through a public statement or their legal defense—on how they intend to navigate these charges. With millions potentially at stake and the club’s reputation under scrutiny, the outcome could have lasting implications for both their finances and their relationship with a fanbase already on edge. For now, all eyes are on Ibrox as the Gers prepare their next move in this unfolding drama.
