'Statto' hoping to resume work soon
by Graham Green
ANGUS LOUGHRAN, who plans to be at Cheltenham this week, was forced into bankruptcy by spread-betting firm Sporting Index.
BBC racing's betting expert, who has made numerous promotional appearances for Sporting Index, was declared insolvent last month over a debt that Manchester County Court papers reveal originally amounted to £5,700.
Loughran, 42, known to millions of sports fans as 'Statto', was subsequently dropped from their coverage of Ascot and Haydock on February 17, the last time BBC showed live racing, but he is confident of being back on screen at next month's Grand National meeting.
Bookmakers resort to bankruptcy proceedings as a last resort, and it must be presumed every effort was made to contact Loughran, and work out a repayment plan, before legal action was taken.
Loughran, speaking on Sunday at Bristol Rovers' FA Cup tie with West Brom, said: "I'm working with administrators to get myself into a position whereby things can be sorted out so that I can get myself up and running as soon as possible.
“There are a lot of procedures involved, but I'm still very hopeful of having it resolved in time to work for the BBC at Aintree.
"I'm looking forward to Cheltenham, and what's happened has been a blow, but I'm a strong enough character to want to bounce back and I intend to."