sport

Jul 2019

SPORTS REPORT – JULY 2019

Since our previous sports report of January 2017 Musson Liggins have continued to provide advice to the sporting community and specialist valuation advice has been provided to:

1 – Sleaford Town Football Club and their Eslaforde Park ground for training pitch improvement and ground works.
2 – To Ashfield Rugby Football club for their new state of the art clubhouse and rugby pitch and artificial surfaced development.
3 – Riverside Family Golf Centre in Nottingham for ground maintenance, clubhouse improvement and further development at their excellent golf driving range, adventure golf and retail
outlet alongside the River Trent.
4 – Penn Golf Club, Wolverhampton for an updated valuation in view of their growing membership and improved facilities for the already excellent course.

Each sporting facility presents its own challenge when considering financial backing as the interests occupied can vary from substantial freehold land and buildings to leased pitches and clubhouses with a predominant form of income generation being through membership, achieved profits from clubhouse facilities, functions and sponsorship leading to the need for an understanding of the various valuation methodologies from those related to land and buildings through to profits and investment methodology.

Our involvement with numerous sports facilities has created a database of evidence and comparison throughout the East Midlands region.