Money: Struggling Goals Soccer Centres up for sale - PressFrom - United Kingdom

MoneyStruggling Goals Soccer Centres up for sale

13:30  29 august  2019
13:30  29 august  2019 Source:

Man Utd, Man City urged to help out struggling neighbours Bury

Man Utd, Man City urged to help out struggling neighbours Bury Man Utd, Man City urged to help out struggling neighbours Bury

Goals Soccer Centres . Quick play. Fast pace. And lots of fun. Goals are the worlds biggest small sided game operator with over 50 centres across the UK - and every moment is now #madewithmitre. sign up for all the latest news, products and special offers from mitre

Goals Soccer Centres is an operator of dedicated 5-a-side football centres based in East Kilbride with 45 locations in the UK and four in Los Angeles . Headline brand partnerships are with Lucozade, Mitre Sports International and BT Sport.

Five-a-side football pitch operator Goals Soccer Centres has put itself up for sale, weeks after it disclosed accounting issues going back almost a decade.

Struggling Goals Soccer Centres up for sale © Other Goals Soccer Centres has 45 sites in the UK

Shares in the company - whose biggest shareholder is Mike Ashley's Sports Direct - have been suspended since March as a probe into the issues took place and earlier this month revealed a far deeper scandal than previously thought.

Goals said on Thursday that it had "commenced a process to invite offers for the business and assets of the company".

Sky News revealed in June that the company, which is Britain's second-largest five-a-side football venue operator, was preparing to launch a sale process.

Asylum seekers forced to wash clothes in sinks at Dublin hotel

Asylum seekers forced to wash clothes in sinks at Dublin hotel Asylum seekers forced to wash clothes in sinks at Dublin hotel

Sales and Marketing at Goals Soccer Centres PLC. Recent updates. Goals Soccer Centres . 1,088 followers. Follow Goals Soccer Centres to stay up -to-date with news, articles and jobs.

Sale . Find the right soccer goal for your game. Shop soccer nets for your players' age range, skill level and space availability. For utility and safety, purchase soccer goals that come equipped with net fastener systems , including clips or bars.

Goals said in March that it had "substantially misdeclared" VAT going back over a period of several years, to a value then estimate at £12m, and that it was examining past accounting practices.

It has been in discussions with HM Revenue and Customs about resolving the shortfall.

Gallery: The least and most corrupt countries in the world revealed (Love Money)

Earlier this month, it said it had become clear that there had been "improper behaviour within the company" involving "a number of individuals for a period since at least 2010".

That prompted it to delay the publication of full-year financial results, though Goals did reveal that like-for-like sales for the year-to-date at its 45 UK sites were up by 11.5%.

Goals, which employs about 700 people, had a market value of £20m when its shares were suspended though it was unclear what this might translate to in any sales process.

Mr Ashley, whose Sports Direct business owns just under 19% of the company, has lambasted Goals' directors over their handling of the accounting scandal.

Sports Direct has demanded a "root and branch investigation", adding in a letter to the company in July that it was "difficult to understand how this could be allowed to happen".

Explore the issues faced by the UK’s most vulnerable children and young people this summer and discover what you can do to help.

2 Russian soccer players let out on parole in brawl case.
MOSCOW (AP) — Two Russian national team soccer players were let out on parole Friday after serving part of their prison sentences for a series of brawls. Zenit St. Petersburg forward Alexander Kokorin and FC Krasnodar midfielder Pavel Mamayev were arrested last October after being accused of attacking a man in a Moscow hotel parking lot, a senior trade ministry official and a car designer in a cafe. Kokorin was sentenced to 18 months in prison in May, while Mamayev was sentenced to 17 months, though both sentences were already reduced due to time spent in pre-trial detention.

—   Share news in the SOC. Networks

Topical videos:

usr: 0
This is interesting!