The Stage has an interview with Exeter Northcott Administrator Ian Walker:

Exeter Northcott theatre needs to start again “with a completely clean slate”, according to the administrator who is now in charge of the venue and is calling for the company that ran the theatre to be replaced with an entirely new body.

Ian Walker from administrator Begbies Traynor was appointed last month after it emerged that the regional producing venue was trading with a significant deficit. At the time, its board claimed it had “no choice” but to place the theatre into administration, despite receiving advice against the move from Arts Council England.

According to Walker, the deficit runs to “several hundred thousand pounds” and he is now talking to the theatre’s funders in a bid to find the best way forward for the Northcott.

He told The Stage: “There is a deficiency there and it’s also apparent that there has been a certain amount of falling out between the various stakeholders, which I think means that the only way forward is for a new company to be formed to take this thing over.

“It makes a lot of sense for a new company to take this over with a completely clean slate. It can be new everything - new board, new management, new way the theatre is going to be run. Everything is up for grabs.”

You can read the full story on thestage.co.uk