Job search
Job Search
Latest sports product news
More product news: (showing 1 - 20 of 1181)           

Goals targets major expansion following strong results

By Pete Hayman    01 Sep 2008

Goals Soccer Centres is planning a major expansion of its 5-a-side football centre network after strong interim results for the first half of 2008.

The company, which operates 29 centres across the UK, announced a 22 per cent increase in its operating profit to £4.6m, compared with the same period in 2007. There was also a 20 per cent increase in the company's pre-tax profits.

Earlier this year, Goals acquired rival operator Pro 5 for £7.5m, adding three centres to the company's portfolio, and a further three new sites are due to open by the end of the year in Dudley, Tolworth and Northampton.

Sir Rodney Walker, chair of Goals Soccer Centres, said: "Our site pipeline continues to strengthen and has expanded to well over 40 sites. We are confident we will open a minimum of six centres during 2009 and that the rate of openings will increase in 2010 and beyond.

"We have put in place a £47.5m revolving credit facility which, together with internally generated cashflow, will be sufficient to finance our planned level of new centre openings."

Goals' managing director, Keith Rogers, believes that the company has the potential to set up as many as 150 new sites across the UK, targeting Manchester, Liverpool and Newcastle as areas for expansion.

Goals has also secured a franchise agreement in South Africa ahead of the 2010 World Cup, as well as a joint venture which could see the construction of a pilot site in Los Angeles start during 2009.

Sign up for FREE ezines
Company details

Company profile

Company profile: FIBO
FIBO pursues the vision of a strong and healthy society and as a global network makes an essential contribution to a long and fulfilling life for people. At the annual FIBO Show, therefore, all players from the fitness, wellness and health sectors come together and form the hot spot for innovations, investments and trends for an active lifestyle.
View full profile >
More company profiles

Featured Supplier

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
26-29 Oct 2027
Koelnmesse Exhibition Centre, Cologne, Germany
More diary dates