Patron weighs Goals Soccer Centres bid: report

Related Topics

Quotes

   

LONDON | Mon Jul 2, 2012 12:31am BST

LONDON (Reuters) - Patron Capital, the owner of British five-a-side football company Powerleague, is weighing an offer for rival Goals Soccer Centres (GOAL.L) in a move that could trigger a bidding war with Ontario Teachers' Pension Plan, the Daily Telegraph reported on Monday.

The newspaper said it understood Patron Capital had started due diligence and was close to tabling an offer for Goals Soccer Centres, which is listed on London's AIM market.

Goals Soccer Centres, which runs 42 five-a-side football sites in Britain, received an approach from Ontario Teachers' Pension Plan in April.

Britain's takeover regulator has given the Canadian pension fund a deadline of July 9 to table a firm bid for the company.

(Writing by Paul Sandle; Editing by Dale Hudson)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.