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Old 23-03-2026, 06:35 PM #1
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Crimson Dynamo Crimson Dynamo is offline
The voice of reason
 
Join Date: Oct 2009
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Crimson Dynamo Crimson Dynamo is offline
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Join Date: Oct 2009
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Exclamation Brewdog collapses into administration with £500 million debt

The once-rebel craft beer empire founded by James Watt has officially been placed into administration after racking up debts exceeding £500 million (£553.8m owed to creditors).

A pre-pack rescue deal to US firm Tilray for £33m (brewery + 11 bars) left a £480m shortfall.

Thousands of small investors who bought shares through the heavily-
promoted “Equity for Punks” crowdfunding scheme have been told their
stakes are now completely worthless.


38 pubs closed and 484 staff made redundant.

The anti-establishment brand that once valued itself at £2bn is in ruins.

£500 million pound debt...wow

James Watt and wife Georgia Toffolo (below)

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