Frankie 8,187 Posted February 17, 2012 Share Posted February 17, 2012 Well, obviously the wording of the contract will be very important. 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted February 17, 2012 Share Posted February 17, 2012 It's not good IMO. It's the same as saying I've bought my season ticket for next year. I wouldn't expect to lose that ticket as I'm not a creditor - I've already paid in advance for the service. They knew what they were doing then. I'd guess that who ever buys us would have to effectively buy them back off them or come to some sort of deal to pay them back 0 Quote Link to post Share on other sites More sharing options...
Juancornetto 1 Posted February 17, 2012 Share Posted February 17, 2012 Now we await Duff and Phelps findings as to where the Ticketus money went. New owners could renege on this though couldn't they? 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted February 17, 2012 Share Posted February 17, 2012 so they've bought assets that don't exist yet? and what if the club decides not to issue season tickets for those seats and simply issues tickets on a game by game basis? Was thinking the same..... 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted February 17, 2012 Share Posted February 17, 2012 Was thinking the same..... I guess Rangers could have a membership scheme where you don;t buy an actual season but have the right to buy the same seat every match but must pay game by game or 4 games at a time???? 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted February 17, 2012 Share Posted February 17, 2012 it's interesting, if you book and pay for a holiday and the tour company goes bust, then you've lost your money and have to claim compensation from ABTA. If you pay for a three piece suite and the company goes bust before it is delivered then you lose your money and count as an ordinary creditor. So possibly the same might apply to ticketus and the season tickets. One things for sure, the Lawyers are going to have a field day! 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,062 Posted February 17, 2012 Author Share Posted February 17, 2012 Here are the original MG05's that were subsequently stricken from the records, what replaced them if in fact anything does has not yet been ascertained. Check the wording and you will see that it is not just "Season Ticket" income they are entitled to under this charge. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted February 17, 2012 Share Posted February 17, 2012 Looks to me as if it IS on just the ST's when you look at the definition and "follow the trail" of the definitions. 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted February 17, 2012 Share Posted February 17, 2012 Doesn't look good. However, according to the administrators we haven't seen this money - is that correct? After a day of slightly lifted spirits, this and the SFA announcement have me concerned again. Never mind, we don't do walking away, and we don't do losing. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,062 Posted February 17, 2012 Author Share Posted February 17, 2012 Looks to me as if it IS on just the ST's when you look at the definition and "follow the trail" of the definitions. We beg to differ but that's neither here nor there, the important part is that the MGO5 was later stricken from the record. I think but not 100% sure because it was a big f*&k up. Is the charge actually covering the Season Tickets or is it every other asset except the Season Tickets ? Also when it was stricken it was not replaced by another filing in Scotland, but since RFC Group Ltd is an English company and if they provided the security (which incidentally backs one of Craig Whyte's claims) it may not have been picked on as there is no MG05's for English companies IIRC (and stand to be corrected). 0 Quote Link to post Share on other sites More sharing options...
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