Business as usual

Statement from Rebekah Pichilingi, General Manager, Epstein Theatre Limited

“It is business as usual at the Epstein Theatre and this latest step by Liverpool City Council has given both myself and my team the peace of mind that the future of The Epstein is secure. We already have an incredible line-up of shows booked in until 2019 and we are continuing as normal to take bookings, including returning favorites and some exciting brand new productions, we look forward to many years of doing what we’ve always done best, providing top class entertainment in a warm and welcoming environment.  We would like to reassure all our customers and promoters that all shows will continue as planned.”

 

Statement from Epstein Theatre Limited’s administrators at FRP Advisory

Epstein Theatre Limited enters administration while productions, performances and bookings continue as normal

Peter Pan Christmas Pantomime to open on Friday 8 December with an unchanged performance schedule

Administrators at FRP Advisory will continue to trade the theatre while completing a financial restructuring working with the City Council as lease holders of the property

Lila Thomas and Jason Baker, partners at FRP Advisory, the business advisory firm, have been appointed as joint administrators to Epstein Theatre Limited (“the Company”), who operate from Liverpool’s historic playhouse The Epstein Theatre (“the Theatre”).

The joint administrators will continue to trade the Theatre as normal, ensuring all staff are retained in support of the upcoming schedule of booked productions which are all planned to open as normal. The joint administrators are working closely with the Theatre’s management and the Company’s stakeholders to ensure all the necessary support is in place for upcoming Christmas pantomime production of Peter Pan starting on Friday 8 December and due to run until 1 January 2018. Bookings continue as normal for all the productions advertised for the Theatre’s 2018 season.

The joint administrators have support in place for the ongoing operations of the Theatre and its staff, while they finalise a new and more sustainable financial structure for its continuing place at the heart of Liverpool’s cultural capital.

Lila Thomas, joint administrator, and partner at FRP Advisory, said: “The Epstein Theatre doors remain open for the entirety of the Christmas season and beyond.

Talks are at an advanced stage with key stakeholders for a financial restructure ensuring operations continue as normal for all current bookings, planned future shows and to place the theatre with a more sustainable structure to allow for another generation of successful performances across the spectrum of entertainment.

All theatre staff are being retained and paid as normal while a solution is finalised, and all existing contracts are being maintained for bookings, to ensure the show will go on for both theatre-goers and performers over the coming weeks while a transition to a new holding structure is agreed.”