Financial Crime Financial Crime

Arena Television defrauded UK lenders of GBP282 million, administrators claim

By Phoebe Seers
  • 10 Jan 2022 08:30
  • 10 Jan 2022 08:30
Arena Television, which collapsed at the end of last year, secured loans of more than 280 million pounds ($380 million), most of which was against assets that don’t exist, its administrators have said. 

Arena, whose directors are said to have left the UK, was involved in sports and events coverage that included the

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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