Newsflash Signup

Buy now at Zavvi.com
Develop Pub Quiz

Administrator ‘chasing up’ Zavvi’s EUK debt

Bookmark with Social network
Administrator ‘chasing up’ Zavvi’s EUK debt

But Deloitte refuses to be drawn on how much cash retailer owes

EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will “actively chase up” the entertainment retailer’s debt.

EUK and Woolworths joint administrator at Deloitte Neville Kahn said:

“Zavvi is one of the major customers that owes money to EUK. We don’t confirm numbers, but we are in discussions with respect of the ongoing relationship. You can take it that we’re actively chasing up all debts – including that one. We will chase it up appropriately.”

Reports have suggested that the figure is as high as £105 million.

Advertisement

Leave a Comment

Develop Pub Quiz
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

Intent media, Company number 03641099