'High risk' theatre will close without urgent funds

Bosses of a Grade-II listed theatre have warned there is a "high risk" it will close because its finances are in a "critical" state.

The Cheltenham Playhouse trustees say they do not currently have the "depth of funds" to survive.

Neil Burge, acting chair for the board of trustees, said the "finances we inherited were in a desperate state," adding it could survive if it can get past short-term money issues.

"Unless we receive some urgent help and funds, there is a high risk that the theatre won't continue," Mr Burge added.