Amir Khan ‘doesn’t know how to run’ his £12m Wedding Venue

Amir Khan has admitted that he has put his luxury wedding venue up for sale because he does not know how to run it.

The Dubai-style tower experienced a whole host of problems over the years, which led to delays.

It only opened in May 2024.

The Balmayna sits next to an auto body shop and car wash. In January 2024, the Bolton venue was surrounded by heaps of junk.

Amir announced on X that he was putting the building up for sale and invited interested parties to get in touch.

He has now revealed why he is selling it:

“I’ve built it and now I want to move into something else. I want to buy more things and something different.

“With the wedding venue, I don’t know how to run the wedding hall.

“For me, it’s a business where I’m not going to be in it myself. I’m going to have to hand it to someone to else to rent it for me.

“I’ve spent so much money on it but it’s not nice to not run it yourself.

“I really want to be hands-on with this and I’m not. That’s the reason.

“I thought maybe I should start selling it and going to something else I can be busy with it. it’s just sat there and I’m collecting rent.”

Amir insisted that he does not need to sell it, rejecting claims he has “gone broke”. But he acknowledged that living in Dubai was proving costly.

He continued: “It’s a nice thing.

“You’ve set it up yourself and you’re getting good rent from there and is making good money but when you can’t be in a business and run it yourself or be part of the blood, sweat and tears then I think it is different.

“I finished it all off and it looks beautiful with all of the weddings. It’s putting smiles on millions of people’s faces.”

The former world champion said he was “keeping busy” with other projects.

He added: “People can think what they want but I would rather put money into something I would enjoy like football fields, more boxing academies.

“I’ve got a lot of land in the UK and the reason why I like to do it stage by stage, so I’d rather sell it and then do something else.”

“I heard some comments saying, ‘Is it because he’s gone broke?’ I live in one of the most expensive countries in the world in Dubai.

“It’s not just for that, it would be more feasible and smarter if I move into something else.

“I’ve ticked that box and it’s like having a fight – you have that one fight and move on to another opponent, a different location to fight in.”

On whether he had received any offers, Amir Khan said:

“A lot of people have been in touch but nothing serious just yet.

“People are waiting on interest rates and want to wait for 12 months before buying it.”