Ged Nixon

Last updated

Ged Nixon
Born
Gerard Keith Nixon
Nationality Scottish
Occupation
  • Businessman

Ged Nixon is a Scottish businessman who was previously a director of professional football club Livingston.

Career

In July 2009, Nixon, Neil Rankine, Andy Gemmell and Gordon McDougall were part of the Livingston 5 Consortium that bought Livingston, who were facing a financial crisis under the ownership of Italian lawyer Angelo Massone. [1] While Livingston seemed doomed, a meeting with the Scottish Football League on 30 July 2009 secured their future, as an agreement was reached to allow Livingston 5 to run the club for the following season. The next day, Massone sold his shares to the Livingston 5 Constortium and left the club. [2] [3]

Nixon resigned from his role at Livingston in October 2013 and initiated legal action for repayment of a directors loan of over £300k. [4] [5] In March 2021, Livingston announced that they had agreed a settlement with Nixon. [6]

In 2014, Nixon was banned from being a company director for four years for failing to comply with statutory obligations to make payments due to HMRC. This followed the liquidation of his company Pres Dec Limited. [7]

References

  1. "McDougall resigns to help Livi". BBC. 25 July 2009.
  2. "Massone's Livingston reign finally over as he sells shares for £50k". Scotsman Publications. 1 August 2009. Retrieved 1 October 2011.
  3. "Livingston Chief Executive Ged Nixon sees bright financial future for club". Daily Record. 20 May 2010.
  4. "Livingston Football Club's financial position is "unsustainable" following £1000 per day losses". Daily Record. 9 April 2014.
  5. "Livingston FC could GO BUST if they are forced to pay a part time receptionist £7200 compensation in a tribunal". Daily Record. 30 April 2016.
  6. "Livingston FC say they have a 'secure future' after agreeing a settlement over a loan balance with former director Ged Nixon". Daily Record. 25 March 2021.
  7. "Former Livingston FC chief executive Ged Nixon receives director's ban". Daily Record. 2 October 2014.