Staffers stealing beer crates every night. £5000 in cash misplaced and incinerated by New Years’ Eve pyrotechnics. A lighting engineer stealing equipment for his own rental business. Seemingly endless tax problems.
Starting with their solicitor’s £5000 company registration fee (compared to the £175 DIY cost), Factory Records’ Manchester, England nightclub, the Haçienda, quickly became a financial black hole and later a cultural icon. Established between Factory and New Order at manager Rob Gretton’s insistence, it opened in 1982 at the corner of Whitworth Street West and Albion Street, in a former yacht warehouse. Assigned the Factory catalogue number FAC 51, it established an amalgamation of the era’s Manchester and New York’s clubs, always being too far ahead of its time. In The Hacienda: How Not To Run A Club, former Joy Division/New Order bassist (and Haçienda co-owner) Peter Hook (aka Hooky) recounts the club’s inner workings, with Andrew Holmes providing additional context blurbs between Hook’s stories.