Hotel Football, the hospitality chain owned by Manchester United icons Ryan Giggs and Gary Neville, has lost £3.2million over the last two years and owes more than £10m in loans.
Giggs started the business with Neville back in 2011 after retiring from football. Now annual accounts for the business - which were filed this week - show the hotel, which is based near Manchester United's Old Trafford ground, lost heaps of cash in 2020 and 2021 after suffering from the Covid pandemic.
The documents, as first reported on by the Daily Star, reveal the firm had pulled a restaurant from the National Museum of Football to save cash. Accounts show that the company behind the business – called Old Trafford Supporters Club Ltd – lost £1,148,879 in 2021 and £2,042,812 the previous year during the pandemic.
