Braddan commissioners say they expect the Roundhouse to lose more than £1 million in the next six months.
A report to the local authority at its June meeting said its expected income from the facility's rents and sports hall would be £355,000.
However, salaries, capital costs and other costs would amount to £1.34 million.
It also estimated it had lost £64,000 in five months because of unsigned tenancy agreements.
24-hour kayak marathon raises hundreds for charity
A group of 29 kayakers have completed 468 laps of a lake to raise money for charity
Fire caused by charging RC car controller
Fire crews dealt with a fire caused by a remote control car controller this weekend.
Manx police looking to recruit UK officers
Manx police officers will be heading to the UK next month for a recruitment drive.
Great progress on Peel sewage works, says MU
Manx Utilities says it's making great progress on Peel's new sewage treatment works.
How much has been spent on carbon literacy training?
How much has been spent on carbon literacy training on the Island?
Gov made no assessment before apprentice scheme changes
No impact assessment was made for changes to apprenticeship schemes because other measures were taken.
Government strategy to promote local food under spotlight
The government's strategy to promote local produce will come under the spotlight in Tynwald next week.
Local man to run famous marathon for Children's Centre
A local man will be running the London Marathon to raise money for The Children's Centre.
