A Feudal Relationship: Stonegate Pub Partners Under Scrutiny After Tenant Complaints The news that Stonegate Pub Partners is being investigated by the Pubs Code Adjudicator (PCA) for alleged mistreatment of its tenants has sparked a flurry of comments and reactions.
However, beneath the surface lies a deeper issue one that speaks to the very heart of the pub industry's relationships with its tenants. Stonegate's struggles seem like a classic tale of debt and financial woe.
The company inherited £3. 8 billion in debt from its acquisition of Enterprise Inns in 2019, which has weighed heavily on its finances for years.