We stayed at Friendly Fun Franks Backpackers' Hostel- the dubious-sounding name aside, it was really a great hostel! Huge screens showing the EPL meant we were able to catch the Chelsea-Liverpool and Man U-Arsenal match absolutely free, there were 6 computer terminals with free internet, free linen and towels, the kitchen and dining room was fully equipped, it was located right in Riga's old town, friendly staff... we really couldnt ask for more.