The future of the popular American-style restaurant chain TGI Fridays in the UK hangs in the balance, with reports confirming it is on the brink of entering administration.
Notice of Intent Filed for Second Time
Liberty Bar and Restaurant Group, the owner of the famous brand, has taken a critical step by filing a notice of intent to appoint administrators. This legal move, submitted to the court on December 19, 2025, marks the second such filing in a matter of weeks. The action provides the company with temporary protection from creditors, halting debt collection efforts and buying crucial time to formulate a survival strategy.
Phil Broad, the president of TGI Fridays international franchising, has publicly addressed the situation. He confirmed that the directors of the UK operation had filed the notice. Mr Broad stated that this procedural step is intended to assist the new owners, who only assumed control of the business last month, in their efforts to secure and strengthen the long-term future of the brand across the country.
49 UK Branches Now at Risk
The potential collapse places 49 TGI Fridays branches located on high streets and in leisure complexes nationwide under immediate threat. The chain, known for its casual dining experience and signature cocktails, has been a fixture in the UK's restaurant sector for decades. Its potential fall into administration is the latest blow to the country's struggling high streets and hospitality industry, which has faced immense pressure from rising costs and changing consumer habits.
What Administration Means for the Future
Entering administration is not necessarily the end for the chain. The process is designed to allow a company in financial distress to be restructured, often with the goal of selling parts or all of the business to new owners. The appointed administrators would take control of the company, assess its finances, and seek the best outcome for creditors, which could involve a rescue deal, selling assets, or, as a last resort, liquidation.
The coming days and weeks will be critical in determining whether a buyer can be found or a viable rescue plan can be agreed upon to save jobs and keep restaurants open. The situation remains fluid, and stakeholders, including thousands of employees, will be awaiting further updates with keen interest.
