Vision Nine says it’s instructed its lawyers after a deal to take over the promotion of the TT collapsed.
After days of speculation the Department of Economic Development confirmed yesterday it had pulled the plug on the plans.
It claimed that the company had been ‘formally informed’ of the decision – something Vision Nine disputes:
The department hasn’t confirmed why it’s scrapped the tender process for the TT and Classic TT contract but says it follows discussions with other government departments.
Julian Topham is the chief executive of Vision Nine – he says his company hasn't yet been told the reason why the deal is off:
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