The popular club and arts venue has gone into administration after their nightclub license was changed to midnight closing hours. The Glasgow Licensing Board amended the license after receiving complaints from police about several drug incidents.
Despite 40,000 people petitioning to keep the club open which has previously won awards for community safety, the company could no longer continue trading as sales had dropped by 50% - as a direct result of the license change.
Directors are currently in the process of appointing administrators for Arches Theatre Ltd and Arches Retail Company Ltd.
Chairman of the board, Gordon Kennedy, said in a statement, “The Arches as a multi-use space depends heavily on income from nightclub events. Given that the Licensing Board's decision effectively prohibits this part of the business, it has become clear to us that The Arches in its current form is no longer viable.”
“This decision has been taken with deep regret as it will have a major impact on our staff, business partners, customers, and on Glasgow's reputation for night time economy.”
“Our hope is that the administrators, working with partners and stakeholders, can salvage some of the activities for which The Arches is renowned.”
“The Board sincerely thanks our staff, customers, supporters, performers and partners for their support over the years. This is a very sad day for The Arches and for the city of Glasgow.”
All events from 10th June will be cancelled.