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Preston Guild Hall negotiations for new operator update given as administrators begin process

Posted on - 16th June, 2019 - 7:00pm | Author - | Posted in - Business, Preston City Centre, Preston News
Simon Rigby took on the Guild Hall in 2014 Pic: Tony Worrall
Simon Rigby took on the Guild Hall in 2014 Pic: Tony Worrall

Simon Rigby has revealed he wants to buy the leasehold back from his administrators for the Guild Hall.

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Beverley Ellice Budsworth of The Business Debt Advisor were called in to the city’s venue when Mr Rigby decided to mothball the Guild Hall and close its parent company.

Preston Guild Hall Limited went into administration on Tuesday 4 June.

Mr Rigby told Blog Preston: “Negotiations between me and the Administrator (TDA) and the PCC are ongoing but hopefully will move to a new phase soon.

“I assume TDA are in discussion with other parties as well.

“We remain in contact with VMS Live and other parties.

“If I am successful in purchasing the Leasehold from TDA I would reopen the Auditoriums as soon as possible and keep them open until a new Operator is found. I have no plans to operate them myself.”

The arcade at the Guild Hall remains open, as do businesses such as Level, Review bar and others – only the main hall and the Charter Theatre are closed.

Read more: How those who bought Guild Hall tickets with cash may not get a refund

Those owed money by Preston Guild Hall Limited are beginning to receive letters from the administrators.

Blog Preston understands there are dozens of firms and individuals across the city, and beyond, who are owed money by the venue.

Mr Rigby has received high-profile criticism regarding payments by the venue from promoters of shows such as Bill Kenwright.

Anyone owed money by Preston Guild Hall Limited is advised to email advice@thebusinessdebtadvisorco.uk or call 03339999623.

Read more: Opinion on where does the Guild Hall go next?

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