Friday, February 01, 2008
Keegan's Circus
Kevin Keegan's return to football may be connected to the business accounts of the Newcastle United manager's Soccer Circus.
The figures, published this month, reveal that Keegan has loaned at least £2.37m to the company.
That may be considered an enormous gamble by the former England coach because in the 12 months to April 2007 the start-up made an operating loss of more than £1m.
Soccer Circus runs what it describes as "the world's first interactive football attraction" out of the Xscape sports and leisure centre in the Braehead area of Glasgow.
But to get to its long-awaited opening 16 months ago the company required a massive financial commitment from Keegan.
The figures, published this month, reveal that Keegan has loaned at least £2.37m to the company.
That may be considered an enormous gamble by the former England coach because in the 12 months to April 2007 the start-up made an operating loss of more than £1m.
Soccer Circus runs what it describes as "the world's first interactive football attraction" out of the Xscape sports and leisure centre in the Braehead area of Glasgow.
But to get to its long-awaited opening 16 months ago the company required a massive financial commitment from Keegan.
