Cre8 Publishing enters liquidation

A print firm, whose unsecured creditors include football clubs Arsenal, Celtic and Rangers, has entered into administration.

Cre8 Publishing, which printed matchday magazines, was put into liquidation under financial recovery company Carter Clark in April.

According to the publisher's liquidation documents, Arsenal is its biggest unsecured creditors.

Cre8 Publishing's collapse comes after the north London-based football club filed a lawsuit against the print firm claiming £270,000 in unpaid royalties.

Alan Clark, representing Carter Clark, was appointed the firm's administrator on April 14.

The print company owes Celtic £400,000, Rangers nearly £500,000, West Ham United £103,000 and Tottenham £42,000.

Its collapse comes just three years after its predecessor firm, Cre8 UK, folded.

Cre8 UK owed creditors, including football clubs Birmingham City and Watford, more than £2.1 million.

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