Friday, July 11, 2008
Horners uncertainty grows after Oldham Athletic deal collapses
Manchester car dealer pulls out of sponsorship deal
Uncertainty surrounds the future of Horners Motor Group, the Manchester-based retailer, following reports that it has pulled out of a major sponsorship deal with local football team Oldham Athletic.
The club released a statement earlier this week saying the sponsorship had been withdrawn as the group had “experienced financial difficulty”.
The motor group is believed to have had one year to run on its sponsorship of the main stand at the club's Boundary Park stadium.
It also supplied vehicles as the club's official car partner. It was one of the club's longest standing sponsors with Oldham fan and Horners managing director Richard Haytack backing the club for over ten years.
Established in 1922 as an Austin dealership, the group operates two sites – a Manchester showroom represents Skoda and Mitsubishi and a Rochdale sells Mitsubishis. Horners is believed to employ around 130 staff.
In its most recent accounts filed with Companies House, the group posted a £564,275 loss from £29.7m sales.
The Horners management team have, as yet, been unavailable for comment.
DATED: 11.07.08
FEED: MT
Uncertainty surrounds the future of Horners Motor Group, the Manchester-based retailer, following reports that it has pulled out of a major sponsorship deal with local football team Oldham Athletic.
The club released a statement earlier this week saying the sponsorship had been withdrawn as the group had “experienced financial difficulty”.
The motor group is believed to have had one year to run on its sponsorship of the main stand at the club's Boundary Park stadium.
It also supplied vehicles as the club's official car partner. It was one of the club's longest standing sponsors with Oldham fan and Horners managing director Richard Haytack backing the club for over ten years.
Established in 1922 as an Austin dealership, the group operates two sites – a Manchester showroom represents Skoda and Mitsubishi and a Rochdale sells Mitsubishis. Horners is believed to employ around 130 staff.
In its most recent accounts filed with Companies House, the group posted a £564,275 loss from £29.7m sales.
The Horners management team have, as yet, been unavailable for comment.
DATED: 11.07.08
FEED: MT