Date Published: 17th September 2015
Business rescue and recovery specialist Begbies Traynor is hosting a series of seminars for professionals in the North East focussing on the issues facing an insolvency practitioner when dealing with the sports sector.
The CPD-accredited seminar will provide an insight into the problems and pitfalls an insolvency practitioner faces when dealing with sport insolvencies – from football to rugby, each comes with different challenges. The event will also cover some of the success stories of clubs being saved from administration, such as Bournemouth AFC which is now in the Premier League.
Gerald M Krasner who, as well as being a former Chairman of Leeds United has dealt with the insolvency of Bournemouth Football Club, Port Vale FC and Bradford Bulls, will present the seminar.
The first of the one hour seminars will take place on Thursday 8 October, starting with breakfast at 7.30am followed by the presentation at 8.00am at Middlesbrough Football Club; and the second will be held on Wednesday 14 October, with breakfast at 8.00am and the presentation and 8.30am at The Galloway Suite, Newcastle United FC.
Speaking ahead of the event, David Broadbent, partner at Begbies Traynor in Teesside, said: "These seminars are aimed at accountants, lawyers, bankers and financial advisers and their clients in the region and will provide a real insight into this niche sector by our specialists who have real life experience of dealing with the issues involved in sports insolvencies. As ever, the seminars will also be a great opportunity to bring together professionals in the region to network and socialise.”
Ian began work at Wilson Pitts in 2000, which was later acquired by Begbies Traynor in 2006. Ian is a qualified insolvency practitioner dealing with all aspects of corporate insolvency and recovery.
Ian leads the firm's Teesside office and recently completed a two-year secondment with the impaired property department of a major clearing bank.