Following last week's rumors of the club's demise, it has now been confirmed that fabric has gone into administration.article published earlier today in Property Week , property consultants Edward Symmons are currently in the process of looking for buyers. A partner in the company said: "Just 24 hours after being appointed, we have already received a number of enquiries from potential purchasers... We anticipate continued interest in the sale of Fabric, particularly from other major club operators in London and the south east, and we are confident that a purchase will be secured for the business as a going concern."business as usual ," despite the temporary closure of its sister club, matter. fabric was guarantor of a £3.2 million loan taken out by matter, and admitted that it is experiencing financial troubles as a result of matter's closure . Update: fabric released the following official statement today: "Despite the administration appointment over Fabric 591 Limited, the nightclub, records and publishing continue business as usual. The nightclub enjoyed a fantastic bank holiday weekend with 3 successful events. For more information about fabric’s future events, please refer to www.fabriclondon.com ." 468 Comments
News in June 2010 Tue, 01 Jun 2010 Redlight launches in Sydney
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London nightclub fabric for sale
The celebrated venue went into administration this week.
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The London nightclub has been acquired by Fabric Life Limited.
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