VIDEO – How Spyker? There is no new Russian or Canadian owner, so now let’s sell?

There is no end to the masquerade surrounding it the bankruptcy of sports car builder Spyker. Executive Director Victor Muller has been promising to pay compensation to the creditors of Spyker’s bankrupt companies for years, but it remains words and not actions, as was evident last May from the latest bankruptcy report of Spyker NV. In it, curator Dennis Steffens wrote that he has not yet received the promised one and a half million euros. “Since January, the trustee has repeatedly requested Spyker and Mr. Muller’s companies to deposit the required and agreed amounts for the contracts into an escrow account,” says the report. work to begin the sale of the trademark rights as soon as possible.”

Spyker CEO Victor Muller (Photo:RTL News)

Always a new promise
After the bankruptcy of Spyker NV early last year, administrator Steffens closed agreement with the founder Victor Muller on the compensation of creditors of the company Spyker, in a message from RTL News. But Muller did not agree. Last year, Steffens announced more than once that it would sell the rights to the Spyker trademark and intellectual property as an alternative way to generate cash for creditors. So far, however, sales have not been successful because founder Muller kept making new promises. The promises he made also to Maarten de Bruijn, who was the real mind and genius behind Spyker, which was reborn at the beginning of the new millennium – the beginning of the 2000s. De Bruijn’s departure due to “difference of opinion” caused a complete chaos, but the designer the genius can be happy that he is no longer involved in all the problems surrounding Spyker and owner Victor Muller. Let’s recall the later affair with Saab and the financial support from the Swedish government, which involved invoices and transactions between the acquisition of Saab and Spyker in 2010 and the bankruptcy of the Swedish car manufacturer (Saab) in December 2011. At that time. A large sum was allegedly transferred as a management fee to Muller himself and his wife. According to Quote, this involved a total of approximately 750,000 euros. Later it became a little quiet around Spyker, although new models were presented. But it remained only to submit, giving was not an option.

Commercial buildings in Zeewolde
Of course it was no wonder that no cars were built. Most of the property was sold after Spyker left the original business premises at Edisonweg in Zeewolde at the end of 2015 due to tax arrears. Since then, Spyker has not really developed any business activities and therefore no cars have been built. Later, while Spyker’s assets were kept a little further away on the Oogstweg in Zeewolde, a large part was sold to the Luxembourgish-Russian investment group Milan Morady, according to a report from Autoblog. At the end of 2019, Spyker was also forced to leave the building because it no longer paid rent. Muller also sold cars from the estate to other people. In recent years, Spykers have been seen for sale at national and international car events, such as the Spyker Zagato and the white Spyker C8 Aileron which was used for a time as Spyker’s own show car.

“Limit reached”
But Victor Muller’s detective adventures now seem to be over. Because Muller still hasn’t paid the one and a half million euros he promised many times, administrator Dennis Steffens now wants to sell the trademark rights to Spyker so he can pay something to creditors, RTLZ reports. “The limit has been reached,” Steffens said. He had an agreement with Muller that he would find a new investor to collect one and a half million to compensate the creditors. The latest conservation report shows that the investor who was presented by Muller at the beginning of this year finally did not make money last season. A new investor would be found, who would have already paid a total of 100,000 euros. But this money was never deposited in the trustee’s account. “Despite several proofs of payment and other documents and communications, the Canadian investor presented by Muller has not paid anything,” Dennis Steffens now writes in the report. In an explanation of the report, Steffens told RTL Z that he will now sell the rights to the Spyker trademark to compensate the creditors of Spyker’s bankrupt companies (Spyker Events, Spyker Services and Spyker NV). Within a few weeks, Spyker’s intellectual property and trademark rights will be auctioned online through Troostrijk’s sales agency.

“There is no road impassable for the persevering”
After the previously heralded Russian disappeared from the picture, Muller gambled his Spyker on the Canadian as a new investor. ‘There is no impassable road for those who persevere’, was the translation of the saying that Victor Muller published on Spyker in August. It’s well chosen, because Muller is clearly still thinking about relaunching the fallen car brand. The Russian who was supposed to sponsor this is now out of the picture, but as of August he was swinging the fence with the Canadian again, according to a message from Quotenet. According to Muller, it is the war in Ukraine, and the associated sanctions against rich Russians, that prevented the cooperation with Boris Rotenberg, childhood friend and confidant of Putin, announced in 2020. was that the end of the story? Not yet. In August, Victor Muller was featured on the ‘F1 on the Table’ podcast by a Canadian investor who wants to restart the bankrupt brand. He did not want to say who it was. Only that it wasn’t Lawrence ‘Aston Martin’ Stroll. But what is the curator who has to solve the bankruptcy of Spyker think this? Would he have faith in it, or would he initiate the previously announced sale of key trademark rights? From this week we know… It is true that it will be sold now butrrrrrr!

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