Troubled former Man Utd ace Ryan Giggs loses £180,000 from investments during pandemic

TROUBLED former ­football ace Ryan Giggs has lost £180,000 from his business interests during the pandemic.

The Wales manager, who is on bail for alleged assault, outlined his financial woes in accounts filed at Companies House.

Ryan Giggs has been dealt a financial blow by the pandemic

The report says the value of Ryan Giggs Limited, the firm he uses to manage his investments, has fallen two per cent after rising from £12million last year to £13.2million this March when lockdown began.

It adds: “In terms of the financial effect (Covid), based on a valuation of the company’s listed investments as at 26 October 2020, it is known there has been a diminution in value of approximately two per cent and amounting to an estimated £180,000 reduction compared to the valuation carried out…at 31 December 2019.”

It is not specified if Manchester’s Hotel Football is included.

Wales international boss Ryan Giggs was recently arrested

Ryan Giggs had been dating PR executive Kate Greville

Ryan Giggs began dating Kate Greville after his divorce

Kate recently moved out of the home she shared with Ryan Giggs

Giggs was arrested for allegedly assaulting Kate earlier this month

Giggs co-owns it with fellow ex-Old Trafford stars.

The accounts also show that former winger Giggs, 46 — who has investments in property, products and firms — paid himself £71,883 and had a £264,000 corporation tax bill.

Giggs was arrested on November 1 for allegedly assaulting his girlfriend Kate Greville, 36, and another woman at his £1.7million pad in Worsley, Gtr Manchester. He denies it.

Manchester United legend Ryan Giggs denies all charges against him

 

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By: Dan Coombs
Title: Troubled former Man Utd ace Ryan Giggs loses £180,000 from investments during pandemic
Sourced From: www.thesun.co.uk/sport/13326255/ryan-giggs-investments-man-utd-pandemic/
Published Date: Sun, 29 Nov 2020 07:34:00 +0000


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