The Marly has been sold by its current owners as they shed properties, but a famous foodie name has now taken the reins.

Celebrity chef Matt Moran and his business partner Bruce Solomon have snapped up the Newtown institution in a deal which is rumoured to have netted $20 million for the sellers Geoff Dixon and John Singleton.

The Solotel group, ran by Moran and Solomon, have acquired a number of businesses recently and now are rivalling the Merivale group with properties such as The Paddington Inn, Opera Bar, The Sheaf in Double Bay and Chiswick in Woollahra.

Solotel properties in the Inner West include The Bank and Public House Petersham. The most recent purchase was of the Clovelly Hotel, which will undergo transformations to become a more food-centric pub.

The fate of the Marly remains to be seen. Will Newtown lose another live music venue? Time will tell.

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