Better leisure centres being bailed out across UK, says GLL chief | Business
Article summary
CEO says Covid lockdown has come at worst possible time for business amid fears over future. Its chief executive, Mark Sesnan, warns that the lockdown has come at the worst time possible for a business built on new year’s fitness resolutions. He also fears the government help will not be enough to stop pools and sport centres closing for good. […] But it has revealed that the pandemic has cost it £170m in lost revenue, forcing it to spend £20m in reserves. […] Regional officer, Onay Kasab, said: “The pandemic has exposed GLL in several ways. Their business model relies on local government funding and with austerity it is not a model that can continue. It is not cheaper to outsource, because it ends up costing more money in the long term. The company is clearly in danger of going down, yet council taxpayers money continues to be thrown at it.”
