Alastor smiled softly and stood. "Let's go get Seifer...I have something I need to give to the boy..." He walked out of the room after setting food on the table. He soon found Seifer sitting in the Collosus stands. Alastor walked up to him and sat beside him. "Seifer..."
Seifer didn't turn to him, but spoke rather to the air in front of him. "Hello, Alastor...You know, I used to have lots of fans who'd sit up here just to see me."
Alastor sighed. "Seifer, come with me...I want to give you something that belonged to your father..." He stood. Seifer, curious to know what it was, followed.
They arrived in the gold room again, and when they reached the center, Alastor pulled from his pocket a badge. He turned and showed it to Seifer. "This was your father's coat of arms, given to him when he was given the title of Lord."
Seifer took the badge from Alastor and looked at it, almost fondly. "What am I supposed to do with this?"
Alastor coughed lightly. "Kneel, Seifer. There is something else of your father's that I wish to give you..."
Seifer did as he was told, and then Alastor took Seifer's own sword from its sheathe. He tapped Seifer on both shoulders, then sheathed the Excalibur again. "I, Sir Alastor, now give unto thee the title of Lord, once given to your father by the king of Thardus...Arise, Lord Seifer."
Seifer stood, and a light shone on him. He curled up, as if in pain, then slowly began to stand in the air. His armor seemed to disappear. He looked down as clothing seemed to just appear on him. When he fell back to the ground, he looked at himself.

(The only difference being that it's Ike's Lord form...And he's not using Ragnel, but Excalibur.)