Sir Jim Ratcliffe believes Manchester United have the 'opportunity' to build a 'state of the art' stadium that could house up to 100,000 supporters.
£400m city revamp, 5-star hotels, Salford City - Inside Gary Neville's multi-million business empire
29.02.2024 - 18:02 / manchestereveningnews.co.uk
Gary Neville will be making a non-football-related TV appearance on Thursday evening as he will be a guest dragon on the popular BBC show Dragon's Den.
The 49-year-old, who made 602 senior appearances across two decades for Manchester United, is now working as a pundit for Sky Sports which has seen him form an unlikely partnership with Liverpool icon Jamie Carragher. However, that does not take up all his time as the retired footballer is also building quite a business empire.
Neville is involved in a number of business, which covers hospitality, property and digital marketing, and he even co-owns League Two club Salford City with several other members of the class of '92. However, it has been far from plane-sailing for the United captain in his new avenue with a number of his business decisions facing public scrutiny.
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One of those saw one of his luxury hotels advertise minimum wage for workers. Alongside that, Hotel Football, which overlooks Old Trafford, has suffered losses over £3million after being hit hard by the Covid Pandemic. As per reports in the Daily Star, the business lost £1.1m in 2021 and £2.1m the year before which is said to have resulted in loans of £10.2million to keep the business afloat by parent company Orchid Leisure.
Following news of the losses, Neville admitted the pandemic played a significant role on trading and that restrictions 'affected the financial figures.' He added: "Challenges around inflation and the labour market continue up to this day,' but 'the directors have continued
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