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Daily news & jobs: www.leisureopportunities.co.uk More leisure insolvencies in 2011


New corporate insolvency data from PricewaterhouseCoopers (PwC) has shown a growth in the number of hospitality and leisure sector businesses fail- ing over the last 12 months. Te number of insolvencies


for the fourth quarter of 2011 was up by 30 per cent com- pared with Q4 2010. PwC said a total of 375 firms across the sector collapsed in Q4 2011. David Chubb, business


recovery partner and hospi- tality and leisure specialist at PwC, said Q4 data was a con- cern given the usual positive impact of Christmas period. “It is worrying that both these sectors saw a marked increase in insolvencies,” he said. “We would expect to see more casualties in the post-Christmas period and we will have to


375 leisure businesses collapsed in Q4 2011 - up 30 per cent on Q4 2010


wait to see whether this does occur or whether the early Christmas gloom resulted in some businesses failing earlier than would normally be the case.” Details: http://lei.sr?a=E4v9S


Verdant Leisure lands Northumberland holiday park


Verdant Leisure, the East Lothian-based opera- tor of UK holiday parks, has announced it has completed the acquisition of Riverside Country Park near Wooler, Northumberland. Located on an 80-acre (32.4-hectare) wood- land site adjacent to Northumbria National


Park, the holiday park is the second bought by the company in the last four months. RJD Partners, a lower middle market private


equity investor that first acquired an interest in Verdant in September 2010, has backed the acquisition of Riverside Country Park.


Goals postpones openings in 2012


Goals Soccer Centres has announced it has postponed the opening of additional five-a- side football facilities in 2012 aſter switching its focus to “strong cash generation”. Te East Kilbride-based group said that its


first modular build venue in Chester – due to open in March – will be the only launch this year, with the postponement also allowing for full evaluation of the concept. It follows the announcement that Goals had


seen trading for the year to 31 December 2011 fall into line with market expectations, as over- all sales increased by 9 per cent to £30.3m. Like-for-like sales grew 1 per cent over the


12-month period, although a dispute over VAT on block bookings by teams saw overall like- for-like sales decrease by 2 per cent. A Goals spokesperson said: “While 2011 was one of the most challenging years the


24 Goals will open its first modular build venue in 2012


consumer has faced, it looks likely that 2012 will continue in much the same vein. “Goals operates in a resilient market place


with a favourable price point and our market leading position provides us with the necessary scale to cope with the challenges ahead.”


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