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
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
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
-
Halifax: House prices rise for the second consecutive monthUK house prices rose again in November, suggesting a resilient property market amid economic turmoil in the past year- are we heading for a crash?
-
10 vinyl records worth up to £10,000 - is one in your collection?
News Vinyl is experiencing a resurgence and collectors will pay up to £10,000 for some albums - is it time to dust off your old records?
