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“Huge” numbers of nightclubs could “go bankrupt within a week” of reopening without government help

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some 75 per cent of nightclubs face financial ruin, while 80 per cent of those surveyed continue to experience unproductive discussions with their landlords.Speaking to NME, Night Times Industries (NTIA) CEO Michael Kill warned: “If we open on June 21, then pretty much within a week most landlords who have not resolved their position could enact or take action against their tenants.“If the government does not resolve this problem, we could be in a position where we open and a huge swathe of the industry could be bankrupted just a week later.”Asked about a potential solution, Kill said: “We have gone along the line of having a shared burden solution, whereby the landlord, the commercial tenant and the government take an equal proportion of.

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