Government no closer to receiving money owed by Cube International

Liquidation process of firm is still ongoing

Government is yet to receive any of the money it's owed by sports branding company Cube International.

The firm's deal to provide Isle of Man TT merchandise was terminated in late 2023 after the Department for Enterprise said Cube was in breach of its contract terms.

It was later confirmed that Cube owed around £220,000 to Manx businesses, including more than £100,000 to the government.

Responding to a Freedom of Information request, the Department for Enterprise said it is not in a position to provide an update since Cube appointed liquidators in February of last year.

It confirmed that liquidation process is still ongoing.