A judge at the Court of Session in Edinburgh has declined to reach a decision this afternoon on whether a deal should be broken between Rangers and the firm Ticketus.
Rangers owner Craig Whyte made the deal to sell £24.4m worth of season tickets to the ticket firm after he bought the debt-ridden club last May.
His plan was to use the revenue from advance ticket sales to pay off an estimated £18m of the club’s debt.
However, administrators Duff and Phelps tried to breach the deal in a five-day hearing this week, arguing that it puts in jeopardy other potential bids for the club.
QC David Sellar, acting for the administrators, has claimed that two of the four potential buyers have said that they will not make a bid while the deal remains in place. Lord Hodge said today at the Court of Session that he did not have sufficient information about the bids to make this ruling.
The claims were been dismissed as speculative by Ticketus’ legal representatives.