Nameless Not necessarily.
1. Speak to the club. Generally they are pretty realistic and will help if they can
2. You could find someone to sell the ticket to. Technically that is against the T&C as well but the club are unlikely to find out and I think they will allow you to change the name on the ST if you go through them.
3. If we get promoted you won't have a problem selling the ticket to mates on a match by match basis. You can charge them less than a matchday ticket but more than you paid for it, so everyone wins.
Thanks m8, appreciate the advice.
I will speak to the club on Tuesday and see if they can refund the season ticket. I've got two, but don't need the second anymore after a change of circumstances.
EDIT: if they don't I won't be too disappointed as it's quite good having a spare seat for friends and to offer out for bigger games.