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Taxpayers left £200,000 out of pocket after race organisers go bust


by Owen Rogers
Police Scotland are owed more than £104,000 after the collapse of the company which organised the Women’s Tour of Scotland.
Zeus Events organised the race, which took place over three days in August 2019, but failed to pay a number of contractors involved in the event. Zeus Events has since ceased trading, leaving a trail of debt amounting to £694,102 across all its activities.
According to a creditor’s note from Zeus’s liquidators seen by The Herald, Police Scotland are not the only public body owed money, with the Ambulance and Fire services also left out of pocket and, including a contribution of £100,000 from EventScotland, Scottish taxpayers have lost more than £200,000. ....

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