Blue Velvet - also owned by FYEO
Ltd - was granted an extension to its opening and licensing hours on the condition that this would be revoked immediately if the lap-dancing venue was ever changed into a traditional night club.
But now, after months of refurbishment, the underground club - part of a [pounds sterling]1m redevelopment that is also set to include an above ground American-style diner - signs have gone up showing that the new club will also carry the company name, FYEO
manager Scott Smith said: "We aren't a seedy establishment.
However, the Church Army's Sister Wendy Sanderson, who is based at St John's and tasked with engaging Cardiff's clubbing community, said FYEO
would not affect the church.
The group has instead transferred the FYEO
assets into a new company, separated from SFI, where it can operate as a stand-alone business, allowing the management to raise bank finance to develop the business at arms length from SFI.
At the time, Glenn Nicie, director of the North Shieldsbased business, said: "FYEO
Ltd operates a number of high-quality table dancing venues in Newcastle City Centre.
For Your Eyes Only Ltd (FYEO
) has never operated the basement of what used to be The Den nightclub in Newcastle as a table dancing venue.
Now work is under way to transform the building and signs advertising For Your Eyes Only (FYEO
) have been put up.
Glenn Nicie, director of North Shields-based For You Eyes Only said: "FYEO
Ltd operate a number of high quality table dancing venues in Newcastle City Centre.
It was stated that the applicant, Mr Sukdev Gill, had been involved in the For Your Eyes Only (FYEO
) club in Newcastle.
The committee were told that FYEO
- which already runs Diamonds on Grey Street, Blue Velvet on Dean Street and a self titled club at Carliol Square - planned to spend a further PS1m fitting out the new club and creating a previously unannounced American-style diner above it in the what used to be The Lounge.
Since then the group has added an FYEO
venue in Bradford and a second club, Blue Velvet, on Newcastle's Grey Street.