Canadian fund interested in netting Goals

Six-a-side football pitches operator Goals Soccer Centres has confirmed it has received a preliminary approach from the Ontario Teachers' Pension Plan which may possibly lead to an offer for the company.

Six-a-side football pitches operator Goals Soccer Centres has confirmed it has received a preliminary approach from the Ontario Teachers' Pension Plan which may possibly lead to an offer for the company.

The statement was made in response to press speculation that the private equity arm of the Canadian pension fund is interested in taking the group private.

The pension fund has a track record of owning sport-related assets, being the owner of Toronto FC, a club in the Canadian football league.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Goals, which recently announced a 21% increase in annual pre-tax profit despite a softening of demand for corporate events and birthday parties, has 43 football centres, including one in Los Angeles.

JH