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Sport's cafe Time Out in financial difficulty

MAASTRICHT. Sport's cafe Time Out in the UM Sports’ centre is in financial difficulty. The Tax Office, where the manager of Concepts&More has a debt, had already ordered the forced sale of the inventory on Wednesday, 13 September, but this was called off at the last minute.

When asked, the bailiff concerned said that Time Out is not bankrupt, but does have a debt with the Tax Office that could be paid off by way of an auction. He refuses to say exactly why the auction was called off at the last minute. The director of the company, Bert Duijkaerts, was unavailable for comment Wednesday morning.

Pascal Breuls, director of Student Services Centre (of which UM Sports is a part), heard about the public auction last week and that “hit home like a bolt from the blue. I am merely the landlord, so not responsible for operational management. I have only recently learned that there is a lot going on. There are arrears of rent with us, and we have been negotiating about that. I don't know about any other creditors.”

If Time Out left, this would be a setback for UM Sports, says Breuls. “We have three functions in the sports centre: sports, learning spaces, and a social meeting place. If Time Out were to leave, the last of those functions would disappears. We will have to find a new manager as soon as possible. No, this would not automatically be Albron, there are other catering companies active within the UM. We will first explore the market.”

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