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?
An old friend returns with the news that the current incarnation of Cre8 is in dispute with Celtic and Rangers over unpaid royalties. The story is on the Grauniad’s site
A previous version of the company slipped away last year, leaving an interesting – and substantial – selection of unpaid debts, but managing to move lucrative contracts across to the new entity before going into voluntary liquidation. Fortunate eh? As they say on their website:
At Cre8 … we throw away the rule books and Cre8 our own.