Noel Edmonds loses to banker as Unique Group goes into receivership

LONDON - Noel Edmonds, the entertainer whose career has been revived by the success of 'Deal or No Deal', is set to lose some of his fortune after his company, Unique Group, went into receivership with debts close to £3m.

Unique's 4% share in radio company UBC Media has been sold off by administrator Baker Tilly as part of moves to recover debts.

According to a report in the Financial Times, Edmonds stands to lose money personally after Unique's collapse, which was sparked by a dispute over the ownership of a helicopter.

Edmonds' spokesman, Mark Borkowski, told the newspaper that while Edmonds would not go personally bankrupt, "it is not going to be pleasant".

A veteran of shows such as 'Swap Shop' and 'Noel's Houseparty', Edmonds career as a television entertainer was languishing before winning the job of presenting 'Deal or No Deal' for Channel 4 in 2005.

The show became a surprise hit, with Edmonds later claiming that he'd won the job after sending out an "order" to the universe. He has subsequently written a book called 'Positively happy: Cosmic ways to change your life', drawing on his experiences and his belief in the power of positive thinking.

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