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Port Vale takeover deal completed

Paul Wildes, CEO and Founder of the Alchemy Investment Group and Norman Smurthwaite have today finalised the takeover of Port Vale Football Club with administrators Begbies Traynor.

Survey - Financial health of English Football League clubs improves while Scottish clubs face ‘unprecedented distress’

The Begbies Traynor Red Flag Alert Football Distress Survey, which twice a year scrutinises the corporate health of football clubs, reveals a widening chasm between the financial fortunes of English and Scottish football league clubs.

Latest Red Flag Alert Report - Q3 2012 - A divided nation

The most recent Begbies Traynor Red Flag Alert research, published today (19 October), which monitors the financial health of “Corporate UK”, shows a starkly divided nation with marked increases in financial distress amongst businesses based in the North and SMEs, whilst Southern based and larger businesses have shown marked improvements in financial health.

Begbies Traynor advises on United Carpets administration

United Carpets Group has acquired the business and assets of its trading subsidiary United Carpets (Northern) Limited out of a pre-pack administration.

Jobs saved as two west country hotels are sold

Two West Country hotels have been sold by Bristol-based business recovery experts Begbies Traynor, saving more than 40 jobs.

Buyer sought after Welsh golf club goes into administration

One of Wales’s leading golf clubs is up for sale after going into administration.

Jobs saved at long-established west country solicitors

More than 30 jobs have been saved after the assets and business of a long-established West Country legal practice were sold by administrators.

Licence allows hotel business to continue trading

Kitley House Hotel Ltd which traded from Kitley House in Yealmpton near Plymouth in South Devon, has gone into administration.

Comment from Julie Palmer, Partner, on latest GDP figures

Julie Palmer of business recovery and restructuring specialist, Begbies Traynor commented on today’s GDP figures

Director’s loan accounts and dividends – not always the best option

While many accountants advocate using director’s loan accounts and dividends as a tax efficient way of paying remuneration, this may not always be advantage

Statement - Port Vale (Valiant 2001) Football Club Limited

Statement from Bob Young, Gerald Krasner and Steve Currie of Begbies Traynor, joint administrators of Port Vale (Valiant 2001) Football Club Limited.

Manufacturing sector leads UK’s race to recovery

Business distress statistics - pub and football club failures ‘threaten British culture’

The latest Begbies Traynor Red Flag Alert statistics, published today (20 April), shows that Britain’s beleaguered pub trade has joined football clubs to become among the country’s most distressed business sectors.

Survey reveals poor financial health of one in eight Scottish football clubs

Against the backdrop of a succession of football clubs entering administration both north and south of the border, a new study by corporate recovery specialists Begbies Traynor reveals a picture of poor financial health that is affecting a significant proportion of Scottish football clubs and threatens to extend far beyond the current situation at Rangers.

Survey issues financial health warning to one in five English Football League clubs

A new survey into the corporate health of the English Football League by Begbies Traynor the corporate recovery specialists, reveals that signs of financial distress are alarmingly widespread among professional football clubs in the Football League.

Green energy plant planned for Sheffield

A new green energy company is proposing to build a £20 million combined heat and power (CHP) plant in Sheffield.The Community Renewable Energy Centre is being developed by the new business Mediena Ltd and its trading arm UYE (UK) Ltd, which have been advised by the BTG Corporate Finance team in Birmingham.