Become a Member
Community

Maccabi hit by an unpaid debt and deficit

December 9, 2011 10:56

ByJonathan Kalmus, Jonathan Kalmus

1 min read

Manchester Maccabi is facing legal action over an unpaid debt and is grappling to bring financial difficulties under control.

The sports and community club based in Prestwich, north Manchester, which has over 1,000 people using its facilities each week, will make six of its nine staff redundant by the end of the month. Accounts for 2011, currently being finalised, show a drop in income in excess of £50,000, which follows an operating deficit of £77,000 reported last year.

The club's leadership blame the crisis on the recession hitting its bistro business and venue hire. In 2010, the certified kosher restaurant and venue hire for weddings, parties and events made £70,000 for the club, down from £112,000 in 2009. Profits from 2011 have nose-dived further.

Last week, Manchester Maccabi refused to comment on legal action it faces from Bury Council over £10,000 the club owes the authority for public artwork it was obligated to fund as part of its planning deal to allow the construction of its club-house in 2003.