Fabric Come Out Of Administration?

Written by the B&B Crew Tuesday, 22 June 2010 11:00

News -

After going in to administration 3 weeks ago, we just heard that the venue may soon be back on its feet again. Most of the club's assets have been sold to a new company which now has ownership and management in common with the old enterprise.

As reported earlier, Fabric got into trouble following the closure of sister club Matter. Matter had failed to really become the success people were hoping for, and the guaranteed loans by Fabric eventually resulted in Fabric getting dragged in.

No official statements have been made about the new owners of Fabric, but let's hope all London clubbers can take a breather with their beloved club safe and sound.