Prestwich_Blue
Well-Known Member
Stonegate Pub Company, which is best known for owning the Slug & Lettuce chain, is in severe financial trouble and struggling to service its £2.3bn debt. It also owns a number of other pubs around Greater Manchester, including the Waldorf, English Lounge, Oxnoble and the two Yates Wine Lodges. Full list here: Stonegate Gtr Manchester pubs
Of course it's owned by private equity, who have bought the company and loaded it with debt, while no doubt taking out as much as they can.
Of course it's owned by private equity, who have bought the company and loaded it with debt, while no doubt taking out as much as they can.