Jobs saved as 125 year old golf club purchased for undisclosed sum
Ten jobs have been saved as a Leeds golf club has completed the sale of its business and assets to a competitor.
Leeds Golf Club has announced that Begbies Traynor professional services consultancy has aided in the sale of its business to Leeds Golf Club 1896 limited.
The sale has resulted in all ten jobs at the club being saved, and the club being able to remain open for its 400 members.
The company had been experiencing “a period of difficult trading” due to tough economic conditions, and is now owned and operated by Kirk Andrews.
Lee Lockwood, partner at Begbies Traynor Group, commented: “It’s great news for the staff and members that this historic club has been saved and is now in such experienced hands.
“Fortunately, we were able to find a buyer that intends to invest in the club, enabling golf to continue to be played here after almost 125 years. We wish it well for the future.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment