'Left-footed master' Ryan Giggs (52) was not a business master either.
The Sun reported on the 19th that 'the Manchester United legend's restaurant, which opened in West Manchester, Worsley in 2014, closed its doors last January. Giggs could not withstand the ongoing recession and eventually closed the restaurant with a debt of £563,600 (about 1 billion won).'
The restaurant Giggs opened provided food during the day and was a space where patrons could enjoy drinks while watching football at night. Many fans decided to visit the restaurant on the thought that they could meet Giggs and get his autograph, making it a local attraction.
Giggs is known to have co-founded and managed the restaurant, a dream he shared with his friends from school days. However, as the ongoing recession led to accumulated losses in the restaurant business, he ultimately decided to close it.
Fans lamented, 'I came to the restaurant to meet Giggs, but the food quality was similar to fast food, and the prices were too expensive.'
In addition to the restaurant, Giggs is also involved in hotel and cafe businesses alongside his former Manchester United teammate Gary Neville. However, the cafe also closed in 2019.
Giggs is also active as the owner and Director General of League Two's Salford City. However, it is reported that due to management difficulties, the team is incurring losses of £70,000 (about 132.51 million won) per week. In short, Giggs has the Midas touch in reverse, failing in every business he ventures into.
During his active career, Giggs recorded a total of 162 assists in the Premier League, ranking first all-time. This is significantly more than Kevin De Bruyne's second-place total of 118. Giggs is also ranked third all-time with 632 Premier League appearances, while his total goals stand at 109, placing him 28th.
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