Pompey shirtless as maker goes under (From Daily Echo)
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Pompey shirtless as maker goes under
9:41am Tuesday 14th July 2009 in News
Canterbury’s contract with Pompey got off to a good start, but it has ended in failure.
THE maker of Portsmouth FC’s shirt and kit for Hampshire Cricket has collapsed.
It means Pompey face a desperate search for a new shirt manufacturer less than a month before the start of the new Premiership season.
The European trading arm of New Zealand’s Canterbury Group has called in administrators KPMG as a result of “difficult trading”.
The firm, best known for rugby shirts, has made 72 staff in its Cheshire base redundant.
All sponsorship contracts in Canterbury Europe Limited have been terminated as a result of the administration, and the affected clubs will rank as unsecured creditors in relation to any amounts they were owed for the remainder of the contract.
None of the contracts were worth more than £1m and most were closer to £100,000.
David Costley-Wood, partner at KPMG Restructuring, said: “This administration has been the culmination of difficult trading, following a period in which Canterbury Europe Limited had unsuccessfully tried to expand into new areas.”
The company has also been hit by the weakening of the pound, as it imports its goods from the Far East.
“The European business will continue to trade under the administration whilst we try to find a buyer for the business and assets.
“The global brand and trademarks are not affected by the administration of the European business and we understand that the owners of the Canterbury Group are looking for a potential acquirer or new investor to lead the next stage of Canterbury’s development.”
Comments(11)
gorf
says...
10:25am Tue 14 Jul 09
peachy1
says...
11:48am Tue 14 Jul 09
HHAHAHAHAAAAAAA
They have new sponsors PONTINS apparently they have a lot in common There seasons both finish in October hhhahahahahahahahaha
ha
Condor Man
says...
11:58am Tue 14 Jul 09
Tirau Dan (NZL)
says...
1:22pm Tue 14 Jul 09
Now I find they've been making skate shirts I can't help grin.
If you want NZ manufactured try Swazi.. but please not for pompey.
sk119
says...
2:38pm Tue 14 Jul 09
soton1980
says...
2:51pm Tue 14 Jul 09
Red & White Never Blue
says...
2:55pm Tue 14 Jul 09
sk119 wrote:Rent it to the fish f*ckers and make them even more skint
My old local pub side have a spare kit they could borrow!!
Red & White Never Blue
says...
3:16pm Tue 14 Jul 09
Linesman
says...
7:19pm Tue 14 Jul 09
It will not affect their Premier League status!
Condor Man
says...
11:50pm Tue 14 Jul 09
Linesman wrote:yeah right. A few years back Motherwell were having to buy long sleeve replica shirts off fans because their supplier let them down. Wait until January when the kits are knackered and can't be washed any more.
Portsmouth FC have stated that they have received their shirts for the squad for the season, with sufficient replica shirts available. It will not affect their Premier League status!
Linesman says...
9:44am Tue 14 Jul 09