Whyte loses Rangers appeal

Former Rangers owner Craig Whyte has lost the latest round of his High Court fight with ticket-buying firm Ticketus.

Last Updated: 18/12/13 at 17:46 Post Comment

Craig Whyte: Former Rangers owner loses appeal

Craig Whyte: Former Rangers owner loses appeal

Scottish businessman Whyte appealed after being ordered to pay more than £17million to Ticketus earlier this year.

The 42-year-old, who purchased Rangers from Sir David Murray in May 2011, asked Deputy High Court Judge David Halpern QC to overturn the ruling, made by a more junior judge, at a hearing in London, but his appeal was dismissed.

Ticketus said Whyte fraudulently or negligently made representations which induced the company to enter into agreements related to the sale or purchase of Rangers season tickets, and claimed damages.

Whyte sold the future sale of three years' worth of Ibrox season tickets to Ticketus for £25m as he moved for the club in May 2011, but Ticketus said they would not have entered into that agreement had they have known that Whyte had been barred from a directorship back in 2000.

Whyte disputed Ticketus' claims, but in April a High Court master ruled against him prior to a trial after Ticketus argued that he had "no real prospect" of mounting a successful defence and ordered him to pay £17.6m.

Lawyers for Whyte, who put Rangers into administration in February 2012, appealed and argued that the master's decision to grant a "summary judgment" had been unfair.

They said the case should be allowed to go to trial and said Whyte had a "realistic" defence.

Judge Halpern heard evidence and legal argument at the High Court in London in November.

He said the master was entitled to give "summary judgment" and said he would have reached the same conclusion.

Whyte was ordered to pay all the legal costs of the appeal - a sum thought to total tens of thousands of pounds.

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Transfer news: Sunderland sign Patrick van Aanholt from Chelsea

Sunderland have completed the signing of Holland left-back Patrick van Aanholt from Chelsea on a four-year deal.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property