McCoist 'shocked' over Ticketus revelations

Rangers manager Ally McCoist admits he was “shocked but not surprised” by revelations that owner Craig Whyte used the Ticketus money to complete his takeover of the club.

Whyte himself, and Rangers’ administrators, this week confirmed that the £18m debt owed to Lloyds Banking Group was paid using some of the £24m from investment firm Ticketus, who bought rights to the club’s future season ticket sales over several years.