Circuit co-owner announces permanent closure, fallout goes on
Mon. November 12, 2012 11:09 PM by Windy City Media Group
Chicago, IL -
Circuit Nightclub owner Mike Macharello has announced that the business will not reopen, after an apparent split between management and financial troubles.
Macharello announced the closure via Boi Magazine, which he publishes, but the reasons behind the split remain unclear.
"The business has been difficult on the both of us, and we got through the worst of times together," said Macharello in the statement. "I always wish Patrick [Harms, co-owner] the best."
The statement notes that Harms is open to the possibility of launching a new club at Circuit's former home.
Macharello's announcement comes after the club ceased operation unexpectedly earlier this month and its website was taken over by creditors. BOI Magazine's website was also seized.
Macharello had stated that the closure was temporary and that Circuit would reopen after he renegotiated Circuit's increasingly expensive lease. But co-owner Patrick Harms refuted that version of events, stating that the rent had not been raised and that Macharello pulled his business licenses from the premise.
Read the full story on the Windy City Times
Macharello announced the closure via Boi Magazine, which he publishes, but the reasons behind the split remain unclear.
"The business has been difficult on the both of us, and we got through the worst of times together," said Macharello in the statement. "I always wish Patrick [Harms, co-owner] the best."
The statement notes that Harms is open to the possibility of launching a new club at Circuit's former home.
Macharello's announcement comes after the club ceased operation unexpectedly earlier this month and its website was taken over by creditors. BOI Magazine's website was also seized.
Macharello had stated that the closure was temporary and that Circuit would reopen after he renegotiated Circuit's increasingly expensive lease. But co-owner Patrick Harms refuted that version of events, stating that the rent had not been raised and that Macharello pulled his business licenses from the premise.
Read the full story on the Windy City Times