{"id":774741,"date":"2026-09-18T13:32:10","date_gmt":"2026-09-18T13:32:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/774741\/"},"modified":"2026-09-18T13:32:10","modified_gmt":"2026-09-18T13:32:10","slug":"insufficient-funds-to-pay-brewdog-creditors-after-takeover-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/774741\/","title":{"rendered":"&#8216;Insufficient funds&#8217; to pay Brewdog creditors after takeover deal"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Parent company BrewDog PLC is still expected to pay its preferential creditor, HMRC, in full for \u00a33.66m tax owed &#8211; mainly VAT and excise duty.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Brewdog&#8217;s biggest debt was to financial services group HSBC, which was owed more than \u00a361m across various banking arms.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It has recovered tens of millions of pounds, but still faces an estimated shortfall of \u00a316.8m.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The report noted that this could be reduced through asset sales in the United States.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Private equity backer TSG, which took a 22% stake in the brewer in 2017, is set to lose \u00a327.6m.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Brewdog also owes around \u00a3190m to unsecured creditors. They are expected to receive less than a penny in the pound of what they are owed.<\/p>\n","protected":false},"excerpt":{"rendered":"Parent company BrewDog PLC is still expected to pay its preferential creditor, HMRC, in full for \u00a33.66m tax&hellip;\n","protected":false},"author":2,"featured_media":774742,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-774741","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/774741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=774741"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/774741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/774742"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=774741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=774741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=774741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}