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NEWS
Billionaire Peter Lim invests in Manchester United legends’ Hotel Football
POSTED 01 Sep 2015 . BY Tom Walker
Hotel Football is the brainchild of five Man Utd legends – (from left) Paul Scholes, Nicky Butt, Ryan Giggs, Phil Neville and Gary Neville
Singapore-based real estate and investment company Rowsley – controlled by billionaire Peter Lim – has acquired a 75 per cent stake in Hotel Football in Manchester, the hotel project driven by a quintet of Manchester United legends.

In a statement, Rowsley said it will pay £29.1m (US$64.1m, €39.7m) to acquire a 75 per cent shareholding in each of the Hotel Football-related businesses – the 133-bedroom hotel; Cafe Football, a 120-seat restaurant in east London; and GG Collections, the hotel management company that manages Hotel Football and Cafe Football.

Hotel Football is the brainchild of five members of Manchester United’s famed “Class of 92” group of players – Gary Neville, Ryan Giggs, Paul Scholes, Nicky Butt and Phil Neville.

The deal further strengthens the business ties between Singaporean Lim and the former Man Utd players. The entrepreneur and the five players already jointly own Salford City Football Club, a semi-professional outfit which the owners hope to steer into the Football League within the next five years.

The 8,000sq m (86,111sq ft) Hotel Football – designed by AEW Architects – features its own rooftop football pitch, while Café Football boasts a menu designed by two-starred Michelin chef Michael Wignall.

According to Rowsley CEO Lock Wai Han, the deal will be “the first among others” that will pave the way for the company’s entry into the hotel real estate and hotel management business.

“Our strategy is to develop and acquire good hotels in choice locations,” said Wai Han.

“In hotel management, we aim to build a globally-recognised brand through management contracts with the group’s hotels, as well as those outside the group. Hotel Football has been very well received since it opened for business in March and we look forward to building on its early success.”

Gary Neville added: “This is an exciting opportunity for Hotel Football and the city of Manchester.

“To be able to use and harness Rowsley’s enormous knowledge and expertise is unbelievable. When we dreamt of building Hotel Football, we knew exactly what we wanted it to be: a unique place where like-minded individuals could gather and Old Trafford Supporters Club was part of that vision.

“However we also knew that we would need a restructure within the company in order to facilitate the growth in our hospitality and leisure interests.”

• Separately, Rowsley has also signed a partnership agreement with The Jackson's Row Development Partnership – which comprises Gary Neville and Ryan Giggs; Manchester City Council and entrepreneur Brendan Flood, one of the owners of Burnley Football Club – to develop a major new mixed-use scheme in Manchester city centre.

The deal will see Rowsley invest £40m for a 75 per cent stake in the St Michael’s mixed-use development project in the centre of the northern city.

The £200m St Michael's project will comprise a five-star hotel, luxury apartments, prime office space as well as restaurants and bars on a 0.58ha site. Beijing Construction Engineering Group will own 21 per cent of the project and construction is expected to begin in the second half of 2016 with an opening slated for 2019.
Guests can dine in Stadium Suite overlooking the 'Theatre of Dreams'
The stylish Old Trafford Supporters Club lounge
The rooftop football pitch
The sophisticated Hotel Football bar offers a number of Manchester United-themed drinks and snacks
PROJECT PROFILE:

Hotel Football
The 8,000sq m (86,111sq ft) building – designed by AEW Architects – incorporates a 133-bedroom hotel with public space for fans and spectators, plus a new Café Football – boasting a menu designed by two Michelin star chef, Michael Wignall. Taking the football theme one step further, the hotel will feature its own impressive rooftop football pitch which can be hired for unique parties and events for up to 200 people.

Location: United Kingdom
Size: 8,000sq m (86,111sq ft)
Budget: £24m (US$37m, €32.8m)

RELATED STORIES
  Man Utd legends unveil Hotel Football


A quintet of Manchester United legends led by Gary Neville and Ryan Giggs have unveiled their latest trophy this week – the world’s first ever Hotel Football.
  Manchester United legends to kick off Hotel Football in December


The quintet of former Manchester United Football Club (MUFC) stars behind the highly-anticipated Hotel Football project – near the club's Old Trafford stadium – have named 8 December as the official launch date.
  Paul Scholes: Hotel Football will be special for fans


Manchester United Football Club legend Paul Scholes has said the football themed hotel he is investing in with fellow United stars represents the chance for him to give something back to the fans who cheered him throughout his glittering 20-year career.
  Manchester United legends throw weight and wages behind Hotel Football


Manchester United Football Club legends Paul Scholes, Phil Neville and Nicky Butt, have joined former teammates Gary Neville and Ryan Giggs as investors in the Hotel Football development under construction near the club's stadium in Manchester.
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Jobs    News   Products   Magazine
NEWS
Billionaire Peter Lim invests in Manchester United legends’ Hotel Football
POSTED 01 Sep 2015 . BY Tom Walker
Hotel Football is the brainchild of five Man Utd legends – (from left) Paul Scholes, Nicky Butt, Ryan Giggs, Phil Neville and Gary Neville
Singapore-based real estate and investment company Rowsley – controlled by billionaire Peter Lim – has acquired a 75 per cent stake in Hotel Football in Manchester, the hotel project driven by a quintet of Manchester United legends.

In a statement, Rowsley said it will pay £29.1m (US$64.1m, €39.7m) to acquire a 75 per cent shareholding in each of the Hotel Football-related businesses – the 133-bedroom hotel; Cafe Football, a 120-seat restaurant in east London; and GG Collections, the hotel management company that manages Hotel Football and Cafe Football.

Hotel Football is the brainchild of five members of Manchester United’s famed “Class of 92” group of players – Gary Neville, Ryan Giggs, Paul Scholes, Nicky Butt and Phil Neville.

The deal further strengthens the business ties between Singaporean Lim and the former Man Utd players. The entrepreneur and the five players already jointly own Salford City Football Club, a semi-professional outfit which the owners hope to steer into the Football League within the next five years.

The 8,000sq m (86,111sq ft) Hotel Football – designed by AEW Architects – features its own rooftop football pitch, while Café Football boasts a menu designed by two-starred Michelin chef Michael Wignall.

According to Rowsley CEO Lock Wai Han, the deal will be “the first among others” that will pave the way for the company’s entry into the hotel real estate and hotel management business.

“Our strategy is to develop and acquire good hotels in choice locations,” said Wai Han.

“In hotel management, we aim to build a globally-recognised brand through management contracts with the group’s hotels, as well as those outside the group. Hotel Football has been very well received since it opened for business in March and we look forward to building on its early success.”

Gary Neville added: “This is an exciting opportunity for Hotel Football and the city of Manchester.

“To be able to use and harness Rowsley’s enormous knowledge and expertise is unbelievable. When we dreamt of building Hotel Football, we knew exactly what we wanted it to be: a unique place where like-minded individuals could gather and Old Trafford Supporters Club was part of that vision.

“However we also knew that we would need a restructure within the company in order to facilitate the growth in our hospitality and leisure interests.”

• Separately, Rowsley has also signed a partnership agreement with The Jackson's Row Development Partnership – which comprises Gary Neville and Ryan Giggs; Manchester City Council and entrepreneur Brendan Flood, one of the owners of Burnley Football Club – to develop a major new mixed-use scheme in Manchester city centre.

The deal will see Rowsley invest £40m for a 75 per cent stake in the St Michael’s mixed-use development project in the centre of the northern city.

The £200m St Michael's project will comprise a five-star hotel, luxury apartments, prime office space as well as restaurants and bars on a 0.58ha site. Beijing Construction Engineering Group will own 21 per cent of the project and construction is expected to begin in the second half of 2016 with an opening slated for 2019.
Guests can dine in Stadium Suite overlooking the 'Theatre of Dreams'
The stylish Old Trafford Supporters Club lounge
The rooftop football pitch
The sophisticated Hotel Football bar offers a number of Manchester United-themed drinks and snacks
RELATED STORIES
Man Utd legends unveil Hotel Football


A quintet of Manchester United legends led by Gary Neville and Ryan Giggs have unveiled their latest trophy this week – the world’s first ever Hotel Football.
Manchester United legends to kick off Hotel Football in December


The quintet of former Manchester United Football Club (MUFC) stars behind the highly-anticipated Hotel Football project – near the club's Old Trafford stadium – have named 8 December as the official launch date.
Paul Scholes: Hotel Football will be special for fans


Manchester United Football Club legend Paul Scholes has said the football themed hotel he is investing in with fellow United stars represents the chance for him to give something back to the fans who cheered him throughout his glittering 20-year career.
Manchester United legends throw weight and wages behind Hotel Football


Manchester United Football Club legends Paul Scholes, Phil Neville and Nicky Butt, have joined former teammates Gary Neville and Ryan Giggs as investors in the Hotel Football development under construction near the club's stadium in Manchester.
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Puy du Fou to create first US attraction
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Last July 7th, Red Raion took part in the opening event of FICO Eataly World, the Italian theme park dedicated to food - the only one worldwide! Find out more...
More videos:
Red Raion Showreel 2021 – Red Raion
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CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

07 Jun 2022

World Sauna Forum 2022

Lapland Hotels Arena, Tampere, Finland
07-10 Jun 2022

IAAPA Expo Asia 2022

Hong Kong Convention & Exhibition Centre, Hong Kong, Hong Kong SAR
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2022

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