Hotel Football on track for first-ever profit as Gary Neville and Ryan Giggs eye record year
A hotel co-owned by Gary Neville and Ryan Giggs could be about to achieve its first-ever profit since being opened in 2015.
In the final year before the Covid-19 pandemic, the hotel's revenue totalled £6.6m while its losses were £666,083. "The director's commitment to maintaining the quality of the hotel, its team and the brand through difficult times has proved to be successful as the hotel continues to grow and experience new levels of performance.
"Concurrently, the property continues to achieve excellent feedback from guests and is consistently at the forefront on the competitive set in this area. Alongside, Gary Neville and Ryan Giggs, Chan Lay Hoon, a Singaporean financial advisor who oversees the investments of Peter Lim, is also a director of the company that runs the hotel, Old Trafford Supporters Club Limited.
According to its most recently-available financial accounts, the hotel's turnover increased from £1.6m to £3.9m in 2021 while its pre-tax losses were cut from £2.3m to £1m.Last month, BusinessLive reported that the business that ran the pair's football-themed restaurant in London had been formally dissolved.
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