I saw a place in Clitheroe the other day that might be a good template. It's actually the Bowland Brewery Tap, the brewery is in the same building, visible through a glass wall. The actual pub is a huge room with a big central bar with pumps all the way round. They serve food and there are rooms opening off that can be hired for weddings and stuff. It was amazingly busy considering Clitheroe ain't exactly Las Vegas.
This is part of a complex in an old mill. Right next door is a big food hall, where you can also eat, and then (I think) there's a cinema or such like thing attached.
Now to translate that into City terms, the club could get one of the local small breweries to relocate onto the site. You could have your huge pub, which might form a destination in itself if the beer and food choice was right. A food hall might be a bit of a stretch for Beswick at this time, but maybe something like a cinema complex could be bolted on. The investment would be significant, but to someone like our Sheikh, it would be pocket money.