The news marks the end of Dai’s ownership of the club. During his tenure, the Royals have been placed under a number of transfer embargoes and been handed points deductions totalling 18 points.

Former Cunard staff and guests have come forward with their memories after an appeal to track down the faces featured in an exhibition marking the shipping line’s 185th anniversary.

Culture, Media and Sport Select Committee chairwoman Dame Caroline Dinenage has said the UK does not “understand” the economic and cultural value of electronic music and club culture in the country.