Craig Whyte Loses Ticketus Appeal

[chilledbear 16]

By Fraser Wilson

Former Rangers owner Craig Whyte loses appeal in £17.6m High Court fight with Ticketus

 

18 Dec 2013 09:59

 

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

 

Whyte appealed after being ordered to pay more than £17 million to the company earlier this year.

 

He asked Deputy High Court Judge David Halpern QC to overturn the ruling, made by a more junior judge, at a hearing in London.

 

 

http://www.dailyrecord.co.uk/sport/football/football-news/former-rangers-owner-craig-whyte-2938852

 

But Judge Halpern dismissed his appeal.

 

Ticketus said Mr 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.

 

Mr Whyte disputed the claim.

 

But in April a High Court master ruled against Mr Whyte prior to a trial after Ticketus argued that the former Rangers boss had "no real prospect" of mounting a successful defence.

 

The master ordered Mr Whyte to pay £17.6 million.

 

Lawyers for Mr Whyte 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 Mr Whyte had a "realistic" defence.

 

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

 

In his ruling today, Judge Halpern said the master was entitled to give "summary judgment".

 

He said he would have reached the same conclusion.

 

Judge Halpern said Mr Whyte must pay all the legal costs of the appeal - a sum thought to total tens of thousands of pounds.

[Calgacus 8]

Oh well, at least some good news today!

[der Berliner 3,217]

That's him leaving these shores for good then and Ticketus chasing him to the horizon.

[ian1964 10,372]

When is the BDO investigation on him likely to be decided?

[the gunslinger 3,366]

hope he gets jailed.

[26th of foot 5,825]

That's him leaving these shores for good then and Ticketus chasing him to the horizon.

 

 

I remember reading a report in one of the Sunday broadsheets in the immediate aftermath of Whyte's takeover. It contained a nugget omitted by all other outlets. Apparently, dearest Craig owns a beach property in Costa Rica. Why would anyone have a holiday home in an alligator and snake infested coast line?

 

The UK has no extradition policy with Costa Rica.

[compo 6,073]

put him in jail

[JTP 0]

We have been a victim of fraud, it's as simple as that.

[bluebear54 0]

Apparently, dearest Craig owns a beach property in Costa Rica. Why would anyone have a holiday home in an alligator and snake infested coast line?

 

He probably feels at home with alligators and snakes.

[RANGERRAB 3,252]

I hope it is eventually found Whyte fraudulently obtained funds from ticketus in order to clear the bank overdraft to buy Rangers from SDM for £1.what needs to be established is whether SDM was forced by LBG into this deal. It was clearly evident from the start that WHyte's business background made him a totally unsuitable person to own Rangers and he should never have got within a millions miles of Rangers. Questions need asked of LBG (especially the 2 individuals in charge of its Scottish business division at that time - messrs Fullerton & Kane) and of course the SFA. I believe it is totally inconceivable these organisations did not know WHyte's business background. Once fraud is established then I would hope/expect the 26,000 shareholders in the oldco to take legal action against these organisations on the basis of negligence, especially the SFA whose 'fit and propers persons' requirements did not seem to be applied in this instance. Why was that Mr Regan ? Did Peter tell you to let this charlatan take over his club's biggest rivals?

Subsequently Whyte did take over Rangers but never had sufficient funds to run Rangers especially after two early european exits from malmo and maribor. He withheld employees PAYE/NI deductions until HMRC could take no more and the inevitable administration happened on Feb14 last year.Again questions need asked why HMRC allowed Whyte to continue non-payment for as long as they did and at what point the SFA knew and apparently took no action. Again why was that Mr Regan?

Whyte is rightly condemned as the 'baddie' in all of this but in my opinion there are others with many questions to answer also.