Paul Murray's Blue Knights consortium has lost Ticketus from their bid to take over Rangers FC.
The investment firm have today released a statement saying they have had to withdraw from the bidding process as they cannot come to an agreement with the Blue Knights for their investors.
"Consequently Ticketus is no longer able to play a role in the consortium's bid for The Rangers Football Club PLC at this stage.""Following extensive discussions with the Blue Knights, led by Paul Murray, Ticketus today confirms that it has withdrawn from the Blue Knights Consortium after it was unable to finalise satisfactory terms of agreement for its investors with the Blue Knights around restructuring its ticket purchase agreement," read the Ticketus statement.
