Former Rangers owner Craig Whyte declared bankrupt following High Court battle with ticketing firm Ticketus

via Herald |

Ticketus accused Craig Whyte of luring it into a deal on false pretencesIt was alleged Whyte agreed to sell three years’ worth of season ticket sales to the company for £25millionBankruptcy petition was filed after Whyte failed to pay a debt of £20.8mIt is also alleged Whyte used some of the £25m to fund his takeover

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