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Powerleague sold for £42m
Claude Littner (left), executive chair of Powerleague
P
owerleague, the UK’s largest five-a-side football operator,
has agreed to a £42m takeover offer.
The company, which owns 43 centres nationwide, is being
acquired by Patron Sports Leisure – a division of private equity
group Patron Capital – which, with a 29 per cent stake, is already
Powerleague’s biggest shareholder.
Executive chair, Claude Littner, will receive £2.6m for his 6.1 per
cent stake. Powerleague was formed in 1999 following the merger
of Powerplay Soccer Centres and Anchor International, both
investee companies of the 3i Group.
New centre for Ryedale
C
onstruction of a new Astroturf pitch when it opens
sports centre in the in September 2010.
grounds of Malton Funding is being provided
School in Central Ryedale will by Ryedale District Council,
get underway at the beginning North Yorkshire County Council,
of next year. Malton School and Derwent
The £2.4m facility will com- Sports Association.
prise a four-court badminton The Football Foundation is
hall, a basketball court, a climb- yet to decide whether to award
ing wall and a third-generation £400,000 towards the scheme.
WORK STARTS ON BASILDON VILLAGE
Construction work has got underway at the site of the new
£38m Basildon Sporting Village in Essex, which will boast the
county’s first Olympic-sized swimming pool when complete.
Community Solutions for Leisure (CSL) has been appointed
to deliver the complex, which is included in the Pre-Games
Training Camp guide for the London 2012 Olympics and is
scheduled to open in 2011.
The new sporting village, which will be built by CSL’s con-
struction partner, Morgan Ashurst, will include a competition
swimming pool, a 400-capacity spectator area, a learner pool,
a sports hall, a gymnastics centre and a 100-station health and
fitness club. Meeting rooms, a climbing wall, a café and six
floodlit artificial turf pitches are also included in the propos-
als, along with a new 750-seat spectator stand.
Issue 4 2009 © cybertrek 2009 Read Sports Management online
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