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Ticketus secure their £40m of tickets

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None of you will be surprised at today’s opinion from the Court of Session in Edinburgh that Rangers’ deal with Ticketus cannot be set aside, despite some absolutely pitiful reporting to the contrary.  It’s fine to get things wrong every now and then, we all get Duff information on occasion, but please….

It’s worth recording, Ticketus may only have paid £20m + vat but the tickets they own are worth in the region of £40m. High risk investments require a high return.

Rangers’ administrators argued that the deal inhibited their ability to rescue the company but the heroic Blue Knights submitted a bid accommodating Ticketus, undermining the administrators’ argument. If only the Blue Knights were in a position to strike a deal with Craig Whyte they could be regarded as helping the situation instead of being hapless fools.

Next up is HMRC, who have not capitulated and agreed to accept a few pennies in the pound.  They have not agreed to accept anything less than all monies owed.  Soon after that we will hear that no court has been able to set aside Craig Whyte’s security over Ibrox.  The most underappreciated man no longer in Scotland remains the only person with a reasonable chance of phoenix-ing Rangers.

The first 26,000 (approx.) tickets sold to each Rangers game for the next three years are owned by Ticketus.  In the event a phoenix occurs, Rangers will have to revert back to budgets from their glory days of the 1950s – we will soon be told this is a great omen.

If you are going to Ibrox on Sunday, take care and enjoy your visit.  Take photographs of the occasion and send them in, we’ll perhaps use them on a future edition of CQN Magazine.  It may prove to be the end of an era.

If you’ve not read the article below, about one of Jinky’s great performances, do so now.

Issue 7 of CQN Magazine is out now! Go to the dedicated magazine site here to read it properly (which you’ll not be able to do below).

Thanks to everyone who has bought a hard copies of the magazine, it looks like the sold out sign will go up again.  Order your copy for delivery by clicking on the link below for news and views from Celtic supporters.

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  1. Lennon n Mc....Mjallby on

    So if the Ticketus deal covers events inside the dirt box and not specifically the hun games does this mean that wee Wullie Bluenose is going to have a Sinatra-esque career push from the middens mafia?

  2. themightyquinn on

    Some seats are Celtic’s allocation. Some seats are the home teams.

     

    Most of the seats are Ticketus’ allocation.

     

     

    Where will you be sitting on Sunday?

  3. Just in and trying to catch up.

     

     

    My understanding was that Ticketus had simply bought tickets to sell in the future and had no security or rights to any property or assets. What they do have, we were told, was “corporate and personal” guarantees from Craig Whyte.

     

     

    So when the huns are liquidated, does that mean that they need to try to get their cash out of Whyte as he guaranteed the deal?

     

     

    I can’t see how they can have a claim against any Newco – unless the contract reads that the tickets they own are valid for any games at Ibrox played by any club owned by Whyte or anyone he may sell Ibrox to.

  4. Freddiebhoy on 23 March, 2012 at 15:20 said:

     

    That moment when Craig Whyte put that pen to paper and signed for the Ticketus deal was THE knockout blow for the survival of Ragers FC.

     

    ———————————————————————————–

     

    We have to thank the egomaniac dodgy dave for pushing our hero in the direction of the Ticketbus .

  5. Can I be first to Start the Ticketus No1 CSC?

     

     

    I would also like to affiliate this new CSC with the

     

     

    CraigWhyteSecuritisedStadium CSC

     

     

    Stupid Huns.

  6. Bhoys

     

    you’ve got half an hour to place your order for the best Celtic magazine in the known universe to receive early next week !!!

     

     

    get a move on.

     

     

    Celtfish

  7. voguepunter on 23 March, 2012 at 16:31 said:

     

    Freddiebhoy on 23 March, 2012 at 15:20 said:

     

    That moment when Craig Whyte put that pen to paper and signed for the Ticketus deal was THE knockout blow for the survival of Ragers FC.

     

    ———————————————————————————–

     

    We have to thank the egomaniac dodgy dave for pushing our hero in the direction of the Ticketbus .

     

    ———————————————

     

     

    Ah yes, The Mysterious Person who Pushed Whyte in the Direction of Ticketus Emerald CSC

     

     

    A great outfit.

     

     

    My prevailing feeling right now is most certainly – GIRUT

  8. The guess that many of us have made that Ticketus in fact own the rights to the seats at Ibrox rather than Rangers’ tickets seem to have been confirmed by Lord Hodge. Why else would Ticketus be so bullish about them still needing paid if they are Liquidated.

  9. super-sammy has reappeared on CTC, he actually thinks its for real and keeps asking for the green sign beside his name to be changed!

     

    Stupid huns

  10. We have the Gallaghers, Paulo Nutini, JayZ, Snoop, Rod Stewart, Jim Kerr, Arctic Monkeys, The Pogues, Mogwai (possibly the coolest band in the world),Teenage Fan Club, Johnny Marr or even in death Bob Marley (king of kings)…

     

     

    They have Marti “sniff sniff” Pellow and Wee Wullie Blue Nose…pure fecking class!

  11. From the Grauniad sports news:

     

     

    3pm: Jiggered old Rangers still jiggered! Craig Whyte’s ludicrous £24.4m advance season-ticket deal with Ticketus still stands. This could see two of the rumoured three interested buyers walking away, though as Paul Murray and his Blue Knights consortium have Ticketus onside, it shouldn’t make a huge difference to their bid. It’s hardly great news for going forward, though, with all that cash effectively straight down the Swannee. Well done, Craig! Well done, everyone who worked on the Fit and Proper Person Rule at the SFA!

  12. It’s a funny thing that the current ‘owner’ of rangers would be completely safe and sound and probably getting bought large quantities of drink were he to watch sundays game in a Celtic Bar in Monaco yet if he ventured anywhere near a bluenose pub he’d be done for!!!

     

     

    What times we live in.

     

     

    I would love to buy Whytey a drink. Absolutely love to. He’d get a big cigar too. And of course be generously treated to jelly and ice cream.

  13. Auld Neil Lennon heid on

    Mort on 23 March, 2012 at 15:50 said:

     

     

    On the basis that Ticketus would be betting that there would always be a Rangers in some form playing at Ibrox your interpretation makes sense.

     

     

    That is whatever happened to Rangers they had a right to a slice of whatever bum occupied a seat at Ibrox in any future football event.

  14. Who pointed the endlessly fascinating Mr White in the Ticketus direction?

     

     

    A clue, please

  15. !!Bada Bing!! Kano 1000 on

    BBC/Sky reporting the judge has made no ruling in the case,needs more info?

     

    confused csc

  16. The only way ticketus will get shafted then, if they own the seats at the bigot dome, is not to play at the bigot dome.

     

     

    I told yous all a couple of months ago, cast yer eyes over fife way……

  17. Two absolute moments of genius in the Gers quest for survival:

     

     

    Sell mercahndising rights to JJB

     

     

    Sell ticket rights to Ticketus

     

     

    outside of Euro money their two biggest income streams. Genius. Absolute genius.

  18. !!Bada Bing!! Kano 1000 on 23 March, 2012 at 16:38 said:

     

    VP-You invading G64′s personal space on Sunday?

     

     

    What do you mean ,the big mhan loves me going to his big hoose…………………he didny say anything to you,did he?

     

    Getting worried noo.

     

    Bada if we win the league that day,we will have to do

     

    a crawl of all the hun shops ,will be a right laugh.

  19. the hun’s predicament reminds me of that song from the sixties

     

     

     

    Three wheels on my wagon,

     

    And I’m still rolling along

     

    The Cherokees are chasing me

     

    Arrows fly, right on by

     

    But I’m singing a happy song

     

     

    I’m singing a higgity, haggity, hoggety, high

     

    Pioneers, they never say die

     

    A mile up the road there’s a hidden cave

     

    And we can watch those Cherokees

     

    Go galloping by

     

     

    SPOKEN: “George, they’re catching up to us!”

     

    “Get back in the wagon woman!”

     

     

    Two wheels on my wagon,

     

    And I’m still rolling along

     

    Them Cherokees are after me

     

    Flaming spears, burn my ears

     

    But I’m singing a happy song

     

     

    I’m singing a higgity, haggity hoggety, high

     

    Pioneers, they never say die

     

    Half a mile up the road there’s a hidden cave

     

    And we can watch those Cherokees

     

    Go galloping by

     

     

    SPOKEN: “Duh, Paw? Are you sure this is the right road?”

     

    “Will you hush up? You and your maps!”

     

     

    One wheel on my wagon,

     

    And I’m still rolling along

     

    Them Cherokees after me

     

    I’m all in flames, at the reins

     

    But I’m singing a happy song

     

     

    I’m singing a higgity, haggity hoggety, high

     

    Pioneers, they never say die

     

    Right around that turn there’s a hidden cave

     

    And we can watch those Cherokees

     

    Go galloping by

     

     

    SPOKEN: “George? Should I get the bag of beads and trinkets?”

     

    “Woman, I know what I’m doing!”

     

     

    No wheels on my wagon,

     

    So I’m not rolling along

     

    The Cherokees captured me

     

    They look mad, things look bad

     

    But I’m singing a happy song

     

     

    SPOKEN: “C’mon all you Cherokees sing along with me!”

     

     

    Higgity, haggity hoggety, high

     

    Pioneers, they never say die,

  20. ArranmoreBhoyLXV11 on

    At this rate, a Craig Whyte statue is inevitable..I’m warming to his total shafting of the tax dodgers…

  21. RogueLeader on 23 March, 2012 at 16:35 said:

     

    ‘The guess that many of us have made that Ticketus in fact own the rights to the seats at Ibrox rather than Rangers’ tickets seem to have been confirmed by Lord Hodge. Why else would Ticketus be so bullish about them still needing paid if they are Liquidated.”

     

     

    ##

     

     

    No, that’s wrong. As for Ticketus bullishness, maybe Whyte has given them the benefit of his floating charge.

     

     

     

    ’30] It would not be incorrect to describe a season ticket as a licence giving access to and egress from the allocated seat and a right to occupy that seat when matches are played at Ibrox. But such a licence is a contractual right and does not confer a real right in relation to a seat. In Scots law there is a clear divide between a real right and a personal right and it has long been established that there is no intermediate right.’…….

     

     

    ‘Conclusion

     

     

    [63] I conclude that the legal nature of the rights which Ticketus has in the Ibrox stadium, the season tickets for that stadium and the proceeds of future sales of the season tickets are purely personal contractual rights.’

     

     

    http://www.scotcourts.gov.uk/opinions/2012CSOH55.html

  22. this is surely a good thing for the rangers. it means the true blue knights will be able to buy the club as ticketbus are part of their composium. if they get real rangers men behind them they will come back strong next year. ticketbus will back them big time so they can maxomize their investing. there is too much celebratnig on here. we are laughing whilst they are sortnig themsleves out. paul murray knows exactly how to sort his out. he was there and knows what to do and he is a true and loyal rangers man. sunday could be a marker for things to come. they will have the first choice team back and alistair will have them fired up. he is a winner and will install that into his players. we have looked tired and compliant recently. a real reverse could be on the cards. they are looking good up front with little and kerkar their youth and exubarants is a benefit to them. they are a reel threat everywhere. aluko will be back to and he looks like player of the year to me. big english teams will be watching him with interest. i am worried our team will not be able to stand up to the challenge they will give us.

     

     

    mon the hoops

  23. !!Bada Bing!! Kano 1000 on

    VP-You posted last week some hun tried tae gie ye a doin outside the Vogue? Am i the fall ghuy?Big G64 is still pretty reasonable at £1.80 a can :}.I’m going to CP to watch the game,might be a conga when the team bus gets back.Saying that,Murderwell are a cert tomorrow,as per Police orders.

  24. bournesouprecipe on 23 March, 2012 at 16:43 said:

     

     

    The lottery has been described as a tax on those who don’t understand statistics.

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