Private Frazer’s Doomed Magazines

May 5, 2011

Phoenix Burns

Filed under: closures,consumer magazines,customer publishing — privatefraser @ 2:35 pm
Tags: ,

After 2009’s death and rebirth, Cre8 Publishing have only been and gone and done it again, full details in this report from The Drum:

Football and rugby clubs are among the unsecured creditors owed more than £2m as Cre8 Publishing, one of the UK’s biggest printers of matchday programmes, is put into liquidation.

Liquidation documents show Rangers owed almost £500,000, Celtic £400,000, Arsenal £270,000, West Ham £103,000 and Spurs £42,000.

You wonder why the clubs trusted a company that went bust owing upaid royalties to other clubs – trusting, gullible, or stupid?

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