Thread the leather through the belt loop on your sheath put the clips through the holes, add cordage then you can hang your knife over your shoulder. like a manly handbag!
looks like a good way to attach that shef to a webbed military belt as well (the old kind that had holes for wire hook hangers)If you called your handbag a Baldric you would be right ☺
View attachment 52168
View attachment 52169
Again, please forgive my photographic skills. I've used an old camera strap .but you could use any spare strap or even paracord to make an under arm baldric carry style setup that can be swapped about and used on any sheath including danglers.