Outgames financial details revealed

Outgames financial details revealed

The Montr? Outgames has begun the process of filing for bankruptcy, revealing creditors including tennis legend Martina Navratilova and performance company Cirque du Soleil.The first Outgames filed for bankruptcy protection last week after revealing a loss of about $6 million last month.According to court documents, Outgames owes Navratilova about CAD$20,000 and Cirque du Soleil nearly CAD$50,000, 365Gay.com reported.Navratilova took part in the Outgames opening ceremony and a human rights conference. Cirque du Soleil performed at the opening ceremony.Outgames chief executive Louise Roy charged about CAD$150,000 of costs to her personal credit card.The Canadian government, a major Outgames backer, is owed about CAD$3 million.

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