Ryan Giggs suffers £100,000 blow as business investment toils
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Ryan Giggs suffers £100,000 blow as business investment toils.
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Ryan Giggs's restaurant venture has collapsed with outstanding debts totalling £563,600 that creditors will never recover.George's Dining Room and Bar, the Worsley establishment that ceased trading last year, lacks the funds to settle its financial obligations, newly filed documents reveal.The liquidators handling the failed business have confirmed that those owed money will receive nothing."There will be no dividend to the creditors.
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There have been insufficient realisation with which to pay the liquidators," the administrators stated, per The Sun.
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TRENDING Stories Videos Your Say The 52-year-old former Manchester United midfielder's dining establishment has left a trail of unpaid bills across multiple categories.The venue's financial difficulties extend to owing £22,000 to the very liquidators appointed to wind up its affairs.Tax authorities are among those left empty-handed, with £75,616 in unpaid duties remaining on the books.Banking institutions face losses of £44,095 from loans...
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