Esporta Health Clubs Sale Runs into Trouble

The Esporta deal has more twists and turns than Silverstone. Contracts were exchanged back in November of last year for the sale of the 54 Esporta clubs to Simon Halabi. However, a reliable contact informs me that not all is going well with the completion. So, has the buyer uncovered something that was not picked up in their due diligence? If so, they should have asked me to do it! Or, perhaps it’s a last minute funding hitch – I would like to help, but might struggle a little to lay my hands on £600 million. More news as I get it.

Tags: , ,