Former Manchester United star Ryan Giggs faces backlash as his high-end restaurant closure leaves 22 staff members with £40,000 in unpaid wages amid mounting debts.
In 2014, Giggs launched his upscale venue, George’s Dining Room and Bar, in Worsley, near Manchester, with longtime friends Kelvin Gregory and Bernie Taylor. Fotnet24.net reports that he aimed to elevate Worsley’s status as a foodie hotspot.
The official Statement of Affairs filed with Companies House reveals total debts of £495,145. HMRC expects approximately £117,000 in tax and National Insurance contributions. Additional liabilities include a £15,000 gas bill and a £35,000 obligation to Nat West bank.
New figures show that 22 workers have collectively lost nearly £40,000 in wages. Each team member now faces significant financial hardship. These numbers highlight the severe impact of the sudden shutdown.
Giggs personally injected £100,000 into the venture to keep it afloat. Despite his financial support, the eatery could not overcome mounting operational challenges. His investment now starkly contrasts with the firm’s liabilities.
The restaurant shuttered immediately in February, prompting owners to initiate voluntary liquidation. This abrupt decision left no time for staff or creditors to receive proper settlements.
Giggs and his partners, Gregory and Taylor, shared a dream nurtured over 30 years of friendship. They envisioned a culinary landmark in Worsley that would boost local pride. The venture aimed to offer a unique dining experience to both residents and visitors.
Since the restaurant’s launch, Giggs expanded his hospitality footprint by collaborating with former teammate Gary Neville. They launched Hotel Football at Old Trafford and later introduced the Stock Exchange Hotel. This ongoing involvement reflects Giggs’ persistent ambition despite recent setbacks.
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