Ryan Giggs fighting to win back £135k through legal action with Man Utd legend already set to pocket £14m from company closure

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Manchester United legend Ryan Giggs is fighting to claim money worth £135,000 as he filed legal action over financial losses. Giggs is set to pocket £14 million after the closure of his firm Ryan Giggs Limited - a company that he started more 30 years ago to manage his earnings related to football. The former Welsh winger has put the company into voluntary liquidation.

Giggs set to take legal action

According to The Sun, United icon Giggs is all set to file legal action over financial losses worth £135,000. He is already set to earn £14 million after he voluntarily shut down his company, Ryan Giggs Limited. The monetary transaction, however, cannot be completed until the legal process is sorted. The Old Trafford legend has consulted experts and he firmly believes that he is entitled to receive the amount. 

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Liquidators confirm Giggs' claim

Liquidators of Ryan Giggs Limited have confirmed to The Sun that the process for the submission of the claim is being reviewed, as they said: "Details in relation to a potential claim have been reviewed and the process for submitting a claim is currently being investigated."

Giggs' restaurant suffered massive losses

Earlier this year, Giggs was forced to close down his restaurant, George’s Dining Room and Bar, which was located in Worsley near Manchester. The establishment owed its 22 employees a combined total of £39,986 in wages and the restaurant also accumulated financial liabilities of £495,145.

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Giggs wants to return to football manager

Giggs is no longer involved on a day-to-day basis with Salford City as he reportedly wants a return to first-team management. The 51-year-old's last role in management was the Wales national team job, with Giggs leading his country to Euro 2020. He stood down from his post in late 2020 after being arrested on suspicion of assault, but a retrial came to nothing in mid-2023.