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Wednesday, July 30, 2008

Peterborough Chairman threatens Bulls News

Yesterday afternoon Bulls News received an e-mail from top London solicitors Carter-Ruck.

The e-mail was sent after clients of Carter-Ruck, Darragh MacAnthony and MacAnthony Realty International (MRI), said that an article on Bulls News was highly defamatory.

The brief article, part of the 'News Round-Up' of 29th July, referred to the ITV1 programme Tonight, broadcast on Monday, which featured MRI and some of its customers. Bulls News was given little more than 24 hours to remove the piece or face further legal action. The article has been removed.

The ITV Tonight programme featured what the ITV website describes as 'an undercover investigation giving a behind the scenes insight into the international property company MacAnthony Realty International. Jonathon Maitland talks to customers who feel their investments didn’t live up to what they were promised.'


A quick Google search finds a number of other small websites, like askaboutmoney.com, which have received correspondence from lawyers acting for MRI or Darragh MacAnthony and have removed articles relating to them, but larger media organisations like the Sunday Times still carry their articles about MRI nearly two years after they were first published.

Darragh MacAnthony is the chairman of Peterborough Football Club, which he purchased for £1 nearly 12 months ago. At the time he was claimed to have an estimated wealth of €225million, with his company claiming 25,000 satisfied customers in their most recent reports - up from 16,000 in 2006, and up from 20,000 in January.