GBP11m deal nets cash for Goals Beautiful game recession-proof for five-a-side operator

The HeraldJune 05, 2009

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Summary


GOALS Soccer Centres, the five-a-side complex operator, raised GBP11m to speed up openings to take advantage of the undimmed passion for the national game and the opportunities created by the fall in the property market.

The East Kilbride-based company raised the money through a share placing that will pave the way for Goals to step up its expansion programme from four to six sites annually.

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GBP11m deal nets cash for Goals Beautiful game recession-proof for five-a-side operator

The firm is planning to grow its estate from 32 centres currently to 47 by the end of 2011.

The move appears to ...

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