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RE: Wrightbus

(24 Sep 2019, 9:18 pm)James101 wrote



An interesting article on the mash up of company finances and personal interests which may explain the struggle to find a buyer:


https://threadreaderapp.com/thread/11753...07648.html




The Evangelical Trust mentioned being the one he founded himself with lofty ambitions of creating a 90 acre village in Ballymena. £ Millions donated from Wright to this cause in years they were making losses. All the while Wright were paying £1.5m rent on land valued at just £3m. Land owned by, of course, Paster Jeff Wright.


God works in mysterious ways.




Blimey. Rather a lot for the administrators to untangle, some of it sounding more than a wee bit fishy.

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