Conspiracy theory as to why they changed the logo of my secondary school in the early 90s

This is the current logo, which features on signage, letterheads etc:















And this is the old logo, which still appears on the school uniform blazer badge:























By removing a few threads you could easily end up with this:
























(Why none of us thought of it at the time is beyond me.)


PS. And yes, I have just been watching Valkyrie.