Morrissey vows to pay back £2.5m on failed pub venture
Men Behaving Badly star Neil Morrissey has vowed to pay back £2.5m he owes after his pub and hotel chain collapsed.
Morrissey, who is now involved in a separate pub and brewing business with chef Richard Fox, said he would not file for bankruptcy and has entered into a voluntary agreement to repay his creditors.
Morrissey's company Hurst House Laugharne Ltd, which is now in liquidation, bought three properties in Laugharne, Carmarthenshire — including Dylan Thomas's favourite hostelry, the New Three Mariners. Last year HHL went into administration.
"People advise you to take the easy route — it'll only last a year and you'll be back up and running," he told the News of the World.
"But I just thought there are too many good people who've lost their money on these deals, and I wanted to repay them as much as I possibly could.
"I feel morally obliged. Afterwards I'll feel better about myself. Now I'm working very, very hard. Every second out there to earn another penny. I don't sit around and get depressed about things. It's not my character."
Morrissey currently runs Ye Olde Punch Bowl Inn at Marton-cum-Grafton, North Yorkshire, as well as brewing beer under the Morrissey Fox banner.
The pair are seeking fresh investment for their brewery and pub business after spending more than expected on their pub.