Login

***Malcolm*** · 28-11-2016, 07:47 PM

DED confirms collapse of TT deal

Vision Nine contract has fallen through

The department of economic development (DED) has confirmed a deal with Vision Nine to run the TT has fallen through.

In a statement issued on Monday evening, the DED said the London-based company had been formally notified of the collapse.

It comes after months of speculation about the agreement for Vision Nine to promote the TT and Festival of Motorcycling events.

The firm recently revealed it had spoken to the department just three times since April.

More to follow.

DED says it is aware of the company’s intention to issue legal proceedings against it and as such the matter is now ‘sub judice’.