Goals Soccer Centres Reported Up For Sale

June 17, 2019

British five-a-side soccer pitch operator Goals Soccer Centres is preparing to launch a sale process within months, according to Sky News.

The company, in which Sports Direct and Newcastle United owner Mike Ashley has an 18.92 percent stake, has drafted in advisers to examine a potential medium-term sale, Sky News said.

The review has been instigated by Lloyds Banking Group Plc, which has hired Deloitte to advise on the company’s future.

Established in 2000 and operating about 50 sites globally, Goals suspended trading in its shares since March amid accounting problems stemming from its tax reporting.

Former Goals Soccer Centres CEO Andy Anson was named chief exec of the British Olympic association last month.