creditors are owed £49 million

Company raced through £178m

The Official Receiver has completed a report on, copies of which are in the hands of its creditors.

The report fails to shed too much light into the extravagently funded online sportswear retailer, we understand. But it does come up with a final total for the whole sorry saga - a whopping £178 million.

Shareholder funds mopped up £130 million of the bill, but that still leaves a shortfall of £49 million owed to creditors. ®

Forrester Why did Boo flame out so fast?

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