New Logo: Modernize our old Logo!

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This customer received 169 logo designs from 91 designers. They chose this logo design from Ak4li™ as the winning design.
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Logo Design Brief
We are looking for a creative designer to update and modernize our previous generation Logo.
From 1978-2010 this logo served our company well until a complete re-brand in 2010. We are however looking to bring back this nostalgic logo and relaunch it as part of a new branding campaign.
The logo needs to remain essentially the same but modernized slightly.
**Please no gradient fades or shadowing in your design proposals. The logo will be used on shirts/hats, jackets ecc and shadowing/gradients simply do not work
**The red/white 'M needs to remain as well as the MACNAB lettering below it.
We are not looking to add new graphics to it, or change it drastically..simply modernize it.
Old Logo.jpg: This is the logo that we want to update, tweak, and slightly modernize as part of our rebrand
Current-Logo: This is the logo that we are currently using.
Logo Text
MACNAB
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.