Covid threatens Ally Pally Future

The chief executive of Alexandra Palace has said that there is a very real risk that Ally Pally could shut down unless they receive emergency government funding for which they have applied.

To help tackle its deficit, Ally Pally received a £500,000 grant from Haringey Council and £250,000 from the National Heritage Lottery Fund. It has also raised £200,000 from its own fundraising.

The palace’s trading subsidiary – which raises money for the trust that runs the palace has seen its projected turnover fall from around £17-18m to £3-4m. The trust has “hundreds of thousands” of pounds of debt.

“Tens” of full-time workers are being made redundant or have already been let go amid the palace’s continued financial troubles.