Goals Soccer Centres PLC Response to Sports Direct International plc (7890C)
June 19 2019 - 8:01AM
UK Regulatory
TIDMGOAL
RNS Number : 7890C
Goals Soccer Centres PLC
19 June 2019
Goals Soccer Centres PLC
("Goals" or the "Company")
Response to Sports Direct International plc
The Company received a letter on 14 June 2019 from Sports Direct
International plc ("Sports Direct"), a substantial shareholder in
the Company.
The Company responded directly to Sports Direct on the matters
raised in their letter on 18 June 2019.
As previously announced, the Company has engaged forensic
accountants to analyse historical accounting errors and policies.
The Company has also appointed other independent advisors to assist
it in examining its historic treatment of VAT as well as its
ongoing discussions with HMRC. Finally, as announced on 18 June
2019, the Company is in the process of engaging Deloitte LLP to
work alongside its current advisors and its lenders in assessing
its future corporate options. The Board believes that it does not
need to appoint further advisors at this time.
The Company is committed to making announcements for all
shareholders in due course as the results of its investigation
become known.
19 June 2019
Enquiries
Goals Soccer Centres plc
Michael Bolingbroke, Chairman
Andy Anson, Chief Executive Officer 01355 234 800
Canaccord Genuity Limited (Nominated Adviser and Broker)
Chris Connors
Bobbie Hilliam
Richard Andrews 020 7523 8350
Instinctif Partners
Matthew Smallwood
Andy Low 020 7457 2020
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END
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