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Force India creditors almost all ‘paid off'

Force India are almost up to date on the bills after Lawrence Stroll put in extra money to ensure that all creditors are paid off immediately, not in a year or two. In August Stroll led a consortium that bought the Force India team after it has been put in administration. Already there have been signs of progress out on track with updates arriving, however, there has also been a lot going on behind the scenes. One of those has been ensuring that all creditors, who were reportedly owed £90m, have been, or will soon be, paid off. 'It's important to note that the current shareholders have taken all the risk for the creditors, and have put it in extra money such that the creditors can be...
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7y ago from PlanetF1.com 0
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