The Rugby Football Union will make a goodwill payment of £75,000 to the Samoan Rugby Union after it was declared bankrupt on Wednesday, with the Pacific Islands prime minister holding a radiothon all day in an attempt to generate donations. Samoa are scheduled to face Scotland this weekend and England in three weeks time in…
The former club of Asamoah Gyan, Modena have been declared bankrupt, ending 105 years of their history. It’s a sad end for the Canarini, who were locked out of the Stadio Braglia for non-payment of bills, and have not attended the last three Serie C games. The last attempts to sell Modena faltered over the…
The Samoan Rugby Union (SRU) has been declared bankrupt by its chairman ahead of the countrys November internationals against Scotland and England. Tuilaepa Sailele Malielegao, who is both the prime minister and chairman of the SRU, is reported as saying that the union cannot afford to pay the players insurance, which could prevent their match against…
The former club of Asamoah Gyan, Modena have been declared bankrupt, ending 105 years of their history. Its a sad end for the Canarini, who were locked out of the Stadio Braglia for non-payment of bills, and have not attended the last three Serie C games. The last attempts to sell Modena faltered over the…
Personal insolvency debt is incurred by an individual if they cannot see a way out and declare bankruptcy. Picture: Getty Images. The number of people entering into personal bankruptcies in the Pilbara has started to stabilise, new data has revealed. The latest regional insolvency statistics released by The Australian Financial Security Authority saw the total…
Modenas bankruptcy filing will be presented today, the 20th team to go bankrupt in the past five years. It was officially confirmed yesterday that the Canarini have been thrown out of the Lega Pro, having failed to turn up for four matches this season. The team has been barred from the Stadio Alberto Braglia, and…
SBD Global/November 8, 2017/Finance Published November 8, 2017 Boris Becker “denied that he is broke despite being declared bankrupt by a court in London and having claims against him” for more than £50M ($65.9M), according to David Charter of the LONDON TIMES. The tennis champion, who won six grand slam tournaments, told a Swiss…
The insolvency regulator has tightened conditions on promoters trying to take back the insolvent companies, allaying fears of lenders that such firms might go back to the very people who were responsible for the current mess, at lower prices. As such, no wilful defaulter can take back the company now as they…
Boris Becker has denied that he is broke despite being declared bankrupt by a court in London and having claims against him for more than £50 million. The tennis champion, who won six grand-slam tournaments, told a Swiss newspaper that he had sufficient funds and sponsorship deals to pay his way. Becker, 49, once one…
Former Serie A club Modena have been declared bankrupt, ending 105 years of their history. Its a sad end for the Canarini, who were locked out of the Stadio Braglia for non-payment of bills, and have not attended the last three Serie C games. Today is set to be the fourth, so failing to turn…