ATP's parent company took out business loan in January
After denying rumours that its next two events have been cancelled, it has been revealed that ATP’s parent company took out a business loan back in January.
BuzzFeed News has uncovered official filings showing that ATP’s parent company, WillWal Ltd, took out a loan from Manchester-based Ashley Business Cash, which specialises in supporting small businesses with cashflow problems, at the end of January. There is no suggestion that the loan means ATP is unable to stage the festivals.
Rumours circulated ...
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