Sport, parks and leisure - Premiership rugby club Worcester Warriors confirms search for ‘new investor’...
21 Sep 2017 Sport, parks, & leisure: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

06 Sep 2017

Premiership rugby club Worcester Warriors confirms search for ‘new investor’
BY Tom Walker

The introduction of a new investor could ultimately lead to a change of ownership

The introduction of a new investor could ultimately lead to a change of ownership

English Aviva Premiership rugby club Worcester Warriors has confirmed it is looking for fresh investment, following reports that the club has lost more than £15m over the past three seasons.

In a statement, Warriors chair Bill Bolsover said that the introduction of a new investor could ultimately lead to a change of ownership.

The majority share in the club is currently held by Sixways Holdings.

Speaking on behalf of Sixways, Bolsover said: "The club can confirm it is always seeking further investment to support our existing shareholders and to ensure that the club continues to compete at the highest level in the years ahead.

"This is part of our ongoing strategy and we are committed to finding the right partner to help take the club forward.

"The club has not set any deadlines on finding the right investor and the shareholders will continue to support the club as they have done for many years.”

Last year, Worcester became the third Premiership Rugby club to lay an artificial pitch at its home ground, Sixways Stadium, as part of a strategy to increase the amount of rugby to be played at the ground.

According to then CEO Jim O’Toole, the plan was to use the pitch to bring in new revenue streams.

“Our stadium pitch is the single most under-utilised asset in the club, currently being used fewer than 100 hours per season,” O’Toole said at the time.

“This development not only allows us to play more rugby at all levels on our biggest physical asset but also allows us to establish new commercial revenue streams such as concerts, festivals and other non-rugby events.”



Connect with
Sport Parks Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Sport Wales appoints first director of community engagement
Sport Wales appoints first director of community engagement   20 Sep 2017

As part of its strategy to make sure sport “appeals to everyone”, Sport Wales has appointed its first ever director of community engagement. “With .... more>>
Oxygen Freejumping to open trampoline park at The O2
Oxygen Freejumping to open trampoline park at The O2   20 Sep 2017

Trampoline park operator Oxygen Freejumping is opening a 30,000sq ft (2,787sq m) operation at The O2 – the first of three new sites due to open around .... more>>
LA's Burbank TV studios transformed into Blizzard Arena for eSports
LA's Burbank TV studios transformed into Blizzard Arena for eSports   18 Sep 2017

Games developer and broadcasting giant Blizzard Entertainment has transformed a legendary Los Angeles television studio into a major eSports arena. .... more>>
The University of Birmingham opens world-class sports centre
The University of Birmingham opens world-class sports centre   14 Sep 2017

The University of Birmingham has officially opened an indoor sports centre, designed by British architecture studio Lifschutz Davidson Sandilands, .... more>>
Real Madrid plans interactive football experience in China
Real Madrid plans interactive football experience in China   18 Sep 2017

Real Madrid football club has announced plans to create an interactive football experience centre as part of a major development in Zhuhai, China. .... more>>
Company profile


FieldTurf Tarkett

The company has a range of synthetic turf products designed for soccer, rugby, and hockey at all levels of the game.

View full profile>>

Catalogue gallery


Featured Supplier

Optimum Nutrition anouces 2017 Gold Standard Fitness Awards

Optimum Nutrition anouces 2017 Gold Standard Fitness Awards

Optimum Nutrition is proud to announce that the Gold Standard Fitness Awards returns for 2017 to acknowledge the outstanding work and commitment of fitness professionals all over the country. More>>




in this issue

• Tourism deal in 'common interest' of Europe
• TRIB3 set to open in Leeds and Moscow
• Luxury hotel included in Newcastle plan



Latest jobs

Jobs Search



Food and Beverage Assistant
Salary: Competitive
Location: Windsor, United Kingdom
Company: Legacy Leisure
Team Leaders
Salary: Competitive
Location: Harrow, United Kingdom
Company: Everyone Active
Team Leader
Salary: Competitive salary
Location: Aylesbury, United Kingdom
Company: Everyone Active
Diary dates
Powered by leisurediary.com




20-23 Sep 2017

Termatalia: 17th International Exhibition of Thermal Tourism, Health and Wellness

Ourense, Spain



Leisure Management magazine 2016 issue 1
Leisure Management
2016 issue 1

View issue contents
View on turning pages
Download PDF
  Interview: Tony Butler
Derby Museums Trust executive director delivers social justice in museums More>>
  Gymtopia: Angels’ advocate
Gymtopia founder Ray Algar on making a difference beyond the health club walls More>>


Leisure Management magazine 2015 issue 1

Leisure Management
2015 issue 1

View issue contents
View turning pages
Download PDF
  Fitness: Wild fitness
A look at the new breed of animalinspired workout classes taking the fitness industry by storm More>>
  Sport: Pitch perfect
The first ever UK city of football More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd