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Phones4u Arena Remains Despite Administration

No impact on arena events as Britain's second biggest mobile phone retailer collapses

Written by . Published on September 15th 2014.


Phones4u Arena Remains Despite Administration
 

OPERATORS of the Phones4u Arena, SMG Europe, have insisted that there will be no effect on upcoming shows at the concert venue, despite the mobile phone retailer's collapse.

"We would like to reassure concert-goers that the future of the mobile phone retailer Phones 4u will have no impact on forthcoming shows."

Phones 4u announced on Monday 15 September that 550 stores would close and that administrators had been called in - putting 5,596 jobs at risk.

Some concert-goers have expressed concern via social media that this announcement would put upcoming events at Manchester's Phones4u Arena in jeopardy.

Kylie Minogue, Lee Evans, Lady Gaga, Il Divo, Ed Sheeran and Paolo Nutini are all scheduled to play the arena over the coming months.

Kylie plays the arena this monthKylie will still play the arena this month

However, venue managers and operators, SMG Europe, have moved to assure customers that events at the arena would not be affected by the retailers demise.

Confidential received this short statement from SMG Europe:

"We would like to reassure concert-goers that the future of the mobile phone retailer Phones 4u will have no impact on forthcoming shows.

"The arena will continue to be managed and operated by SMG Europe, as it has very successfully for the last 20 years.

"Our name will remain Phones 4u Arena for the foreseeable future."

Good news for arena customers at least. Less so for all those who have paid the retailer up to £789 for the newly announced iPhone 6 and iPhone 6 Plus.

Phones4u, which recorded an underlying profit of £105m on over £1bn in turnover in 2013, blamed their collapse on the withdrawal of network operators Vodafone and EE.

www.phones4uarena.co.uk

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AnonymousSeptember 16th 2014.

Surely the best outcome for Manchester Arena would being able to bank the cash received so far from phones4u and then being able to go out and get a new sponsor on top. £789 for a phone that is slightly lighter? crikey

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