Chain of US Franchised Restaurants

This Group was experiencing difficulty in meeting liabilities assumed when the current operators took over the business from a long standing operator in an ever-changing hospitality industry. The Group was also dealing with legacy issues following the previous administration of the chain.

David Iannuzzi and Vincent Pirina were appointed as Administrators of the Group by the Director.

In order to further develop a grassroots soccer group and its Soccer Coaching Programme, it was proposed that renowned international soccer player Giuseppe Giannini be invited to provide a coaching clinic. Giuseppe Giannini is a former Italian international soccer player who in his 16-year playing career, was part of the Italian national team that featured at the Italy 1990 FIFA World Cup and held tenure as captain at A.S. Roma, and later played at SK Sturm Graz, S.S.C Napoli and U.S Lecce.
 

The project required raising of capital from the business community.

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