The investment bank that attracted Sven Goran Eriksson’s support, as well as his money, has failed to meet yet another payback deadline.
Notts County are among the latest bodies to join the fight against the First London Group. A report by AG Associates, filed with Companies House, said that the football club had lodged a claim for their £5m investment.
The previously London-listed ‘First London’ was wound up in May 2010, after it emerged that 49 per cent shareholder Russel King was in fact a convicted fraudster.
Property investment group The First London Group, the holding company of First London, are now facing fresh controversy after failing, once again, to pay their investors.