Football Center Operator Looking To Invest $32M Into Community Sports Facilities Across London
U.K. five-a-side football center operator Powerleague Fives Ltd. has announced plans to invest £20M ($32M) into community sports facilities across London. Powerleague is inviting all stakeholders across London to consider where new investment into community sports facilities can make a difference to local communities. Whether that is a new Powerleague center with 10 pitches and pavilion, or refurbishing existing facilities that Powerleague will then operate under a usage agreement. The investment is backed by the owners of Powerleague, Patron Capital Partners, who recently raised €880M ($1.4B) for European acquisitions including a continued focus on targeting property-backed companies, including hotels, leisure-related businesses and healthcare (Powerleague Fives Ltd.).