The judge, Lord Braid, made the remark moments after being told that parties in a £9.5million compensation claim brought against the ‘Gers had settled.
He commented during the case brought against the club by sportswear brand Elite Sports Group Ltd. They had taken the action against Rangers in a bid recover the sum from them.
They alleged the breach happened when Rangers signed a deal with Castore, a Manchester-based brand which counts tennis ace Sir Andy Murray as one of its investors.
However, Elite went into administration shortly after the case called in Scotland’s highest civil court.
The case was expected to last eight days. However, the lawyers asked the court for for a delay to allow negotiations to continue.
Elite’s lawyer David Thomson said that parties were in “Fergie time”.
However, Judge Lionel Persey KC found that the deal with Hummel, to be a three-year contract worth £10 million, was undertaken without giving Sports Direct a chance to match it.
Judge Persey ordered that Rangers couldn’t “wear any Official Rangers Technical Products designed by, supplied by, gifted by or manufactured by Elite or Hummel, or bearing the Hummel brand”.
Castore is the official technical kit partner of a number of leading teams and athletes including Rangers, McLaren Racing, Newcastle United, England Cricket, US Open Champion Matt Fitzpatrick and Andy Murray.
The brand sells into more than 90 countries globally and was valued as being worth £750 million in September 2022.
The court has previously heard how Rangers signed a deal with Castore in May 2020 and that this deal breached the terms of the Hummel one. The agreement was reported to be worth £20 million and covered five seasons.
Lord Braid allowed the lawyers to negotiate until 1.30pm. The parties then returned then to tell the court that there was no need for the case to go ahead. Mr Thomson told the court that a further hearing may have to take place next week. But there was no guarantee that this would take place. He added: “It is hoped that it won’t be required and if it is required it will be a formality.”
Lord Braid then discharged the hearing.