Main Scarlets shirt sponsor in administration
THE principal shirt sponsor of professional rugby region the Scarlets has gone into administration.
Financial services group Juno Moneta, founded and chaired by Louise O’Halloran, who recently changed her surname to Thomas, is now in the hands of administrators from Birmingham-based corporate recovery firm Butcher Woods.
Roderick Butcher and Richard Goodwin of the firm have been appointed joint administrators to holding company Juno Moneta Group Ltd which is registered at an address in Porth, but trades out of offices at Links Business Park in Cardiff.
Two years ago, Juno
Moneta entered into a six-figure principal shirt sponsorship deal with the Scarlets.
The three year deal was scheduled to run for one more season.
Mrs Thomas stood down as a director of the Scarlets in January this year, having joined the board in July 2018.
The Scarlets declined to comment on the commercial status of the deal with Juno Moneta, which also took named branding for its match day business club, as well as a training facility.
Juno also has a commercial agreement with football club Cardiff City, through sponsorship of the Juno Moneta lounge at the Cardiff City Stadium.
In recent years, Mrs Thomas has worked with a number of leading professional rugby players in Wales on a variety of business projects including in property development.
Butcher Woods were contacted for comment on the status of the administration and the amount of any money owed to creditors.