GOAL Goals Soccer Centres Plc

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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June 19, 2019 08:01 ET (12:01 GMT)

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