Jamie Carragher's Liverpool bar business goes bust

29 October 2013 by
Jamie Carragher's Liverpool bar business goes bust

Former-Premier League footballer and Sky Sports pundit Jamie Carragher's bar business has been placed into liquidation after running up debts in excess of £1m.

According to documents filed at Companies House, the company owes creditors £1.18m, with the bulk of the debt owed to the Flanagan Group, parent company of City Life Projects, which owned the restaurants with Carragher.

"The main creditor was the Flanagan Group, we put a lot into the business," managing director Paul Flanagan told the Liverpool Echo. "All our staff were paid and all our suppliers are still trading with us. 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.

Flanagan cited competition arising from the launch of the Bierkeller in Liverpool one, above the branch originally known as Cafe Sports Express, as the cause of Café Sports England's problems.

The venue was rebranded as a cocktail bar Moments in July, but Flanagan said that debts were already mounting by that time.

The documents show a list of creditors that included Carragher, who was owed £102,000, as well as City Life Projects, which was 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.

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