They're unlikely to go under cos of their profits - the creditors will want the club to stay open so they get their money quicker
-----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Sent: Friday, April 04, 2003 2:29 PM To: 313@hyperreal.org Subject: (313) Doom & Gloom (@ Fabric) ************************************************************************** Entertainment UK Limited Registered Office: 243 Blyth Road, Hayes, Middlesex UB3 1DN. Registered in England Numbered 409775 This e-mail is only intended for the person(s) to whom it is addressed and may contain confidential information. Unless stated to the contrary, any opinions or comments are personal to the writer and do not represent the official view of the company. If you have received this e-mail in error, please notify us immediately by reply e-mail and then delete this message from your system. Please do not copy it or use it for any purposes, or disclose its contents to any other person. Thank you for your co-operation. ************************************************************************** London Club Fabric has called in the Receivers - Kroll Buchler Phillips. Fabric's directors have dismissed speculation about the club's future and Keith Reilly said "We are open for business this weekend, we will be open next weekend and every weekend after that. The club is supposed to be making a profit but the worry is that there is a legal judgement due on the conversion of the club from an old meat factory, which if it goes against the club will sound it's death knoll. Fabric's accounts show a pre-tax profit of £671,000 on a turnover of £6.2m. The refit of the club had cost £9m and Fabric was put up for sale some 15 months ago. Any views or opinions are solely those of the author and do not necessarily represent those of Channel Four Television Corporation unless specifically stated. This email and any files transmitted are confidential and intended solely for the use of the individual or entity to which they are addressed. If you have received this email in error, please notify [EMAIL PROTECTED]
