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Jamie Carragher's Liverpool city centre bars go bust
29 Oct 2013 07:00
The Cafe Sports England business had owed almost £1.2m
Moments Restaurant ,Liverpool One, City Centre
Two city centre restaurants owned by Liverpool FC legend Jamie Carragher have gone bust.
The Cafe Sports England business, which included a restaurant in Stanley Street and cocktail bar Moments in Thomas Steers Way in Liverpool One, had owed almost £1.2m.
Most of the debts were owed to the Flanagan Group, parent company of City Life Projects which owned the restaurants with Carragher.
Liquidator Robert Rutherford, of Parkin S Booth, confirmed to the ECHO that the company went into voluntary liquidation on October 17.
Managing director of the Flanagan Group Paul Flanagan said the firm had done everything it could to try and save the restaurants.
He said: “The main creditor was the Flanagan Group, we put a lot into the business. All our staff were paid and all our suppliers are still trading with us.
Cafe Sports England,Stanley Street,Liverpool City Centre
“Unfortunately it didn’t work.
“It’s horrible. We did everything we could.”
City Life Projects still owns other city centre venues including the Newz bar and Sir Thomas Hotel.
Mr Flanagan blamed Cafe Sport England’s problems on the opening of the Bierkeller in Liverpool One, above the branch originally known as Cafe Sports Express, which he said provided too much competition.
The restaurant was rebranded as cocktail bar Moments in July but by that time Mr Flanagan said the debts were already mounting. Documents show the list of creditors included Carragher, who was owed £102,000, as well as City Life Projects Ltd who were owed £141,000.
The company also owed more than £300,000 on rent of the Stanley Street building to the Flanagan Group as well as almost £400,000 to Flanagan Building and Maintenance.
Today Carragher said he did not want to comment.
29 Oct 2013 07:00
The Cafe Sports England business had owed almost £1.2m
Moments Restaurant ,Liverpool One, City Centre
Two city centre restaurants owned by Liverpool FC legend Jamie Carragher have gone bust.
The Cafe Sports England business, which included a restaurant in Stanley Street and cocktail bar Moments in Thomas Steers Way in Liverpool One, had owed almost £1.2m.
Most of the debts were owed to the Flanagan Group, parent company of City Life Projects which owned the restaurants with Carragher.
Liquidator Robert Rutherford, of Parkin S Booth, confirmed to the ECHO that the company went into voluntary liquidation on October 17.
Managing director of the Flanagan Group Paul Flanagan said the firm had done everything it could to try and save the restaurants.
He said: “The main creditor was the Flanagan Group, we put a lot into the business. All our staff were paid and all our suppliers are still trading with us.
Cafe Sports England,Stanley Street,Liverpool City Centre
“Unfortunately it didn’t work.
“It’s horrible. We did everything we could.”
City Life Projects still owns other city centre venues including the Newz bar and Sir Thomas Hotel.
Mr Flanagan blamed Cafe Sport England’s problems on the opening of the Bierkeller in Liverpool One, above the branch originally known as Cafe Sports Express, which he said provided too much competition.
The restaurant was rebranded as cocktail bar Moments in July but by that time Mr Flanagan said the debts were already mounting. Documents show the list of creditors included Carragher, who was owed £102,000, as well as City Life Projects Ltd who were owed £141,000.
The company also owed more than £300,000 on rent of the Stanley Street building to the Flanagan Group as well as almost £400,000 to Flanagan Building and Maintenance.
Today Carragher said he did not want to comment.
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