Source: Daily_Mail
Arsenal, Tottenham, West Ham and others lose over £2m as printer folds
Arsenal, Tottenham and West Ham are among the clubs to lose more than ?1m after Cre8 Publishing, one of the UK's largest printers of matchday programmes, was put into liquidation. [LNB]The collapse came after Arsenal had filed a legal action against the publishing group over a claim of ?270,000 of unpaid royalties. [LNB]The football clubs worst hit are Rangers and Celtic, who are owed almost ?500,000 and ?400,000 respectively. West Ham are owed ?103,000 and Spurs ?42,000. Aberdeen and Oldham Athletic are also missing smaller amounts, while the Welsh Rugby Union are owed ?120,000. [LNB] Ouch: North London rivals Arsenal and Spurs have both been hit in the pocket[LNB]Just three years ago the company's predecessor, Cre8 UK, also went bust leaving the likes of Birmingham City and Watford out of pocket.[LNB] In November last year The Old Firm clubs cancelled contracts with Cre8 Publishing. Celtic urged fans to apply for refunds on their subscriptions, while Rangers told supporters to 'cancel any direct debit payment with immediate effect'. [LNB] All the latest Arsenal FC news, features and opinionAll the latest Tottenham Hotspur FC news, features and opinionAll the latest West Ham United FC news, features and opinionAll the latest Celtic FC news, features and opinionAll the latest Rangers FC news, features and opinion[LNB] Explore more:Places: Aberdeen, United Kingdom Organisations: Welsh Rugby Union
