Bosses at Rangers are embroiled in a High Court row with Sports Direct and Newcastle United owner Mike Ashley.
The dispute centres on a deal through which a company within the Sports Direct group sells replica kit and other branded products.
A judge is analysing the latest stage of the dispute at a High Court hearing in London.
Mr Justice Phillips has heard that SDI Retail Services management want to stop bosses at the Glasgow club entering into a new deal with a “third party”.
SDI bosses say a contract clause means they should have a chance to match any new offer.
Earlier this month, a judge made a holding order temporarily barring bosses at Rangers from signing a new deal.
Mr Justice Phillips is hearing arguments, from lawyers representing both sides, about whether that order should be extended.
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