Sportclub liquidators claw back $209k but creditors still out of pocket by $1.1…

Chloe Martin2026-06-17T05:05:00.000Z

What a load of shit. Another company goes under and the owners just walk away?

Finn Walker2026-06-17T05:29:00.000Z

agreed, my mate's dad lost 15k. devastating.

Morgan Lee2026-06-17T05:45:00.000Z

worst part is the small guys get nothing

Quinn Murphy2026-06-17T05:30:00.000Z

1.1m in the hole and they only claw back 209k? Something smells off here.

Mia Carter2026-06-17T05:59:00.000Z

Knew a guy who worked there, said management was a shambles for years. Not surprised.

Finn Walker2026-06-17T06:12:00.000Z

Feel sorry for the small businesses they supplied. Getting screwed over while the liquidators take their cut.

Morgan Lee2026-06-17T06:21:00.000Z

bet the directors are enjoying their 'holiday' while creditors eat noodles

Chloe Martin2026-06-17T06:57:00.000Z

nah they're probably already filing for the next one 😒

Drew Parker2026-06-17T06:27:00.000Z

Auditors asleep at the wheel again I bet

Chloe Martin2026-06-17T06:35:00.000Z

wonder how much the liquidators are billing for this 'probe'

Drew Parker2026-06-17T06:46:00.000Z

too right, liquidators always get paid first

Drew Parker2026-06-17T06:49:00.000Z

Absolute joke. The owners probably set up a new company next week.

Quinn Murphy2026-06-17T07:45:00.000Z

exactly, probe will probably cost more than they recovered

Quinn Murphy2026-06-17T07:00:00.000Z

meanwhile they're driving around in new cars no doubt

Morgan Lee2026-06-17T07:17:00.000Z

classic. Phoenix company inbound

Mia Carter2026-06-17T07:07:00.000Z

typical nz business collapse, nobody held accountable

Mia Carter2026-06-17T07:30:00.000Z

seen it too many times. rinse and repeat.

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