PracticeConsultingEXCLUSIVE: BDO Stoy Hayward victorious in battle to handle former Crystal Palace chairman’s banktuptcy case

EXCLUSIVE: BDO Stoy Hayward victorious in battle to handle former Crystal Palace chairman's banktuptcy case

Accountancy firm BDO Stoy Hayward has beaten off mid-tier rivals to act for creditors in the high-profile bankruptcy of Mark Goldberg, the former chairman of Cystal Palace football club.

Goldberg has debts of more than £20m.

Two of BDO’s business recovery partners, Ray Hocking and Sara Dayman, now face the challenge of attempting to return some of the money to creditors.

These include Altonwood, a company owned by Palace’s former chairman Ron Noades, which is claiming over £4m in the banktuptcy, and former Palace manager Terry Venables, who is claiming to be owed £7.8m.

A voluntary arrangement between Goldberg and the other creditors failed in December and was revoked by Mr Justice Jacob.

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