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30th October 2009, 12:43pm
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#1 | | Stagger like you mean it
Join Date: Oct 2002 Location: Glasgow
Posts: 16,182
| Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Source: http://www.eveningtimes.co.uk/news/d..._rates_row.php
Heard about this down the pub yesterday. As some people may already know the owner has a reputation for going into voluntary liquidation, escaping debts, then re-opening the venues with slightly different names (ala 13th Note back when he owned it, doesn't anymore). According to this news article he owes almost £200k to creditors and was about to do it again, but the Council are having none of it this time. They've moved for compulsory winding up and appointed a liquidator.
It appears the venues will be staying open for the foreseeable future, but it looks likely that the group will be split up and sold to different owners unless someone puts in a bid for them all as a package.
He probably should have sold some chicken or something.
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30th October 2009, 12:47pm
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#2 | | Y'wid tho...
Join Date: Oct 2004 Location: The Goblin City
Posts: 8,464
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Bloody vegetarians.
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30th October 2009, 1:42pm
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#3 | | Local Lolcat
Join Date: Jun 2004 Location: Tower Of High S
Posts: 3,060
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Quote:
Originally Posted by wee scary burd  Bloody vegetarians. | I doubt it.
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30th October 2009, 3:06pm
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#4 | | preTeEN SEXfiENd
Join Date: Jun 2002 Location: is everything.
Posts: 14,565
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Quote:
Originally Posted by wee scary burd Bloody vegetarians. | Vegans. | |
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30th October 2009, 3:14pm
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#5 | | i ♥ distortion
Join Date: Jul 2004 Location: avoidin threads
Posts: 2,911
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
i have a mate who's vegan & we've been for lunch there a few times. the fajitas are quality! | |
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30th October 2009, 4:58pm
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#6 | | catpie
Join Date: Nov 2004 Location: in bed
Posts: 10,631
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
yeah was reading about this in the Herald this morning, apparently he owes lots of VAT and PAYE from his previous exploits too. They had a statement where he said the council were being arsey and he'd made perfectly reasonable repayment suggestions over a 36 month period which they'd rejected.
I don't know why, but I didn't realise he owned Flying Duck | |
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30th October 2009, 7:39pm
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#7 | | Experimental agent 1475
Join Date: Jul 2005 Location: Home From Home
Posts: 4,241
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
After being charged £9 for a Vodka and Coke & a Morgan's and Coke in Stereo, can't say that I am shocked.
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30th October 2009, 7:50pm
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#8 | | Purple Haze
Join Date: Mar 2002
Posts: 4,098
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
There's no way Mono(rail) should go under considering how successful it is, I guess if things came to a head a staff co-op would be the likely salvage job.
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30th October 2009, 7:51pm
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#9 | | ShakingTheDisease SuperMod
Join Date: Sep 2002 Location: Ptolomea
Posts: 23,517
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
i was in the 78 a few weeks and it was pretty shambolic - to the point where i didn't actually manage to get food or a drink out of them despite my efforts to give them money.
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30th October 2009, 7:54pm
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#10 | | I hate your band SuperMod
Join Date: Dec 2001 Location: Slacktivism
Posts: 35,462
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
To quote Stuart from Mogwai: “The city of Glasgow owes a lot to Craig Tannock as he has been and still is a huge conduit for the city’s vibrant music scene. This article is an utter disgrace and nothing more than a hatchet job. Shame on the Evening Times for printing such tripe. I have no doubt whatsoever that there other businesses in the city which have offered the city far less and owe far more.”
It’s that last part that I’d like to echo. Why pick out Craig and why now? Because he’s a relatively high profile, and relatively easy, target. I smell political point scoring. Quote:
Originally Posted by metallideth There's no way Mono(rail) should go under considering how successful it is, I guess if things came to a head a staff co-op would be the likely salvage job. | Unlikely, I think. What’s needed is a kind-hearted investor who can afford to treat it as a hobby. That’s what they had in the past and are lacking now.
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Last edited by poprock; 30th October 2009 at 7:54pm.
Reason: Automerged Doublepost
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30th October 2009, 8:03pm
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#11 | | preTeEN SEXfiENd
Join Date: Jun 2002 Location: is everything.
Posts: 14,565
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
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30th October 2009, 8:04pm
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#12 | | I hate your band SuperMod
Join Date: Dec 2001 Location: Slacktivism
Posts: 35,462
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Heh. I can see it now: Egyptian-themed sculptures lining the entrance to King’s Court.
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30th October 2009, 10:48pm
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#13 | | catpie
Join Date: Nov 2004 Location: in bed
Posts: 10,631
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
the Evening Times weren't the only paper to print articles about it over the past few days... | |
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30th October 2009, 11:20pm
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#14 | | I hate your band SuperMod
Join Date: Dec 2001 Location: Slacktivism
Posts: 35,462
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
Aye, I’m sure the City Council (or Councillor Matheson’s office) put out the same press release to all the usual media outlets.
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The interval between birth and death is fractal. Any given moment is infinitely deep and rich, and therefore one lifetime is quite enough for me. | |
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31st October 2009, 5:06am
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#15 | | Harvey Kartel
Join Date: Apr 2001 Location: Beatdown Central
Posts: 10,957
| Re: Owner of Mono, Stereo, Flying Duck and the 78 in liquidation (again)
lol, Glasgow's supposed to owe this guy something? Go fuck yourselves Mogwai.
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