BusinessBusiness RecoveryAdvertising man rescues Non-League Paper

Advertising man rescues Non-League Paper

Chris Ingram, the former chairman and founder of Tempus (now part of WPP), has bought weekly football newspaper, the Non-League Paper, from administrators, according to reports.

Link: WPP finance chief faces tough choices

Ingram bought the Non-League Paper from administrators at accounting firm Hurst, Morrison and Thomson, according to reports in the FT

Gareth Roberts and Paul Ellison from HMT were appointed as administrators to Non-League Media plc and its trading subsidiaries – The Non-League Paper Limited, Non-League Club Directory Limited, Non-League Magazine Limited and She Kicks – on 25 June this year.

The three month administration order was aimed at giving the company time to secure funding to satisfy outstanding creditors in full and to raise additional working capital.

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