New deal to rescue pop promoter
Tony Supperstone of BDO Stoy Hayward has negotiated a deal to rescue pop promoter Triple A. The company, whose clients include Kylie Minogue and Blue, went into administration last month after not being paid. It had a turnover of £35m and had debts of £7m. To rescue Triple A, the company's founder set up a new venture called 3A, under which name the company will continue trading.