Hotel Football, opposite the Swamp, owned by Neville & Co made a loss.
It has been revealed that Hotel Football, the hospitality group owned by former Manchester United stars Ryan Giggs and Gary Neville, has lost £3.2 million over the last two years and owes more than £10 million in loans.
Annual accounts for the business, which were filed last week(September), show that the hotel has suffered financially due to the impact of the Covid pandemic and the subsequent national lockdowns.
The documents also revealed that the firm’s parent company, Orchid Leisure Ltd, had loaned the hotel business £10.2 million to ensure its survival.
Neville said that financial figures for 2022 have been “very encouraging”.
He added: “Based on the above the directors are confident that the company will have sufficient funds to meet its liabilities as they fall due for at least the next 12 months.’’
I’d like to see a mixed use Hotel/apartment tower, including a viewing lounge/bar built close to the stadium, preferably on the Collar Site.
The Hotel would be busy. The apartments would sell. (football, music & events, Asda ;-), tram stop into the city centre, etc) I’d certainly use the lounge/bar if it was similar to Cloud 23(Beetham tower) and 20 stories.(No1 Spinningfield), just for the views.