INVESTMENTS Sports Complexes PDF Free Download
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INVESTMENTS
Sports Complexes
CONTENT
ABOUT US
02 WHAT WE DO
01
03 INVESTMENT OPPORTUNITY
04 PADEL TENNIS
ABOUT US
WHO WE ARE...
BEN ELSEY
CEO and Founder of MACEN
RICS Consultancy
Ben has worked in the construction industry
for over 20 years and is a Chartered
Quantity Surveyor.
Ben’s project experience includes mixed-use
schemes, high-end residential, commercial
and charity work. Ben heads up all site
acquisitions and project delivery.
Ben ensures costs are kept inline with CAPEX
investment, manages and communicates
project timelines and is the general liaison
point for all contractor teams.
PAUL TISDALE
Former Premiership
footballer and coach
Paul was a professional football manager
for 22 years, notably Exeter City FC where
he became the EFLs longest serving
manager in 2018.
Paul was instrumental in establishing ECFC
as one of England’s most healthy and
sustainable football businesses.
Paul brings opportunities on the celebrity
endorsement of our sports venues. He also
manages the brand and helps to bridge the
gap between sponsorship, celebrity
and sites.
EDWARD PARSONS
Group CFO of a
private business
Edward managed the growth of a private
business, spearheading billion $ company
acquisitions (M&A).
Edward is a keen sailor at Emsworth Sailing
club and you will see him regularly
participating in sailing competitions both
at home and abroad.
Edward manages and tracks cash flow
and financial planning as well as analysing
the company's financial strengths /
weaknesses, and where necessary,
proposes corrective actions.
STU POOLE
CEO and Founder of
Titanium Element Ltd
Stu worked alongside Edward managing the
restructure and growth of a private business.
Stu is a Business Operations and Procurement
specialist, with a Black Belt SIGMA qualification.
Stu has delivered $2 billion global tender
programmes, resulting in business savings of over
$100m and the mitigation of supply chain risk for
FTSE100 global blue- chip companies.
Stu makes the profitable and risk-free business
decisions . He manages the overall operations
and resources of the company, acting as a main
point of communication for the board.
OUR VISION
We believe that playing sports,
staying fit and exercising are vital
to the maintenance of a
healthy lifestyle.
Our top-quality sports facilities will
cater for local communities bring
people together due to their shared
love of sport.
Sport does not have a language
Sport does not need words
Sport connects people
Our leisure spaces will function as
hubs for the community members,
no matter their age, gender or fitness
background. We recognise and
remove barriers that may be faced by
people involved, or wanting to be
involved in sport
CREATE PROVIDE ENCOURAGE
combined, shared
facilities and sports-based
environments
sports and leisure opportunities
for local people of all ages
and abilities
greater participation
in sport
THE HOW?
DEVELOPMENT RICS PROJECT DELIVERY
We develop multi-use schemes
for sports and residential
All projects are passed through
our Royal Institute of Chartered
Surveyors consultancy
ACQUISITION
We partner to acquire the
freehold of land, freehold
properties & leasehold land
OPERATIONAL
We ensure ongoing operational
and cost management of sites
WHAT WE DO
OUR FOUR SCALABLE PILLARS
PRIVATE LAND
(WITH AND WITHOUT PLANNING)
COUNCIL
OWNED LAND
Property developers
Freeholders
i.e. Farms, businesses, Trustees.
Contacting local councils on freehold
property and land availability
Section 106 funding
availability from housing developers
EXISTING SPORTS
FACILITIES
Target existing medium sized
Sports facilities
i.e. Football clubs, clubhouses, tennis
clubs
LARGE AND MEDIUM
SIZED WAREHOUSES
We work with agents across
the Southern Counties who provide
information and assist in
targeting possible new sites
LARGE SPORTS COMPLEX –
HAYWARDS HEATH
(IN PROGRESS)
1. Four covered and floodlit
Padel Courts
2. Two 3G floodlit football pitches
3. One 2G floodlit Multi use pitch
– Hockey, Netball, Tennis
4. Clubhouse
5. Entry road
6. Car Park for 120 cars
STAGE OF DEVELOPMENT
FUNDING PARTNER
Robert MacMiIllan
CAP EXPENDITURE
6m- £1.5m S106 developer fund MSDC
/ £4.5m RM
PRE – PLANNING HAS
CONCLUDED
no showstoppers
ECOLOGY
in progress
S106 FUNDING
provisionally approved
QS, PM, ARCHITECT
ENGAGED
Tender on Cap Ex in progress,
designs complete
LARGE SPORTS COMPLEX - HAYWARDS HEATH
Project in progress
(1,000,000)
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
1 2 3 4 5 6 7 8 9 10 11 12
Cash at Bank
Years
CLOSING BANK POSITION - INCLUDING
LOAN REPAYMENT
0% 0%
46% 49%
53% 53% 54% 55% 55% 56% 56% 57%
0%
10%
20%
30%
40%
50%
60%
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Openi ng -Yr2
Openi ng -Yr1
Yr1
Yr2
Yr3
Yr4
Yr5
Yr6
Yr7
Yr8
Yr9
Yr10
EBITDA %age
EBITDA
EBITDA & MARGIN BY YEAR
EBITDA EBITDA %age o f Net revenue
0% 0%
12% 18%
28%
31%
34%
38%
41%
44% 44%
54%
0%
10%
20%
30%
40%
50%
60%
(600,00 0)
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Opening -Yr2
Opening -Yr1
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
Yr 6
Yr 7
Yr 8
Yr 9
Yr 10
Operating Profit %age
Operating profit
OPERATING PROFIT & MARGIN BY YEAR
Operating Profit/(Loss)
Operating Profit/(Loss) %age of Net Revenue
£902K / 54% AVERAGE PA £605K / 36% AVERAGE PALOANS REPAID OVER 8 YEARS / 6% COUPON
50 YEAR
lease on 5 acres
of land
COMMUNITY INTEREST
COMPANY
set up to manage and
ruin the site
2024/25
Est. opening
£6M INVESTMENT
NEEDED
Investment
(£4.5M PI/£1.5m S106)
8 YEAR
loan repayment
period with 6% coupon
£
£
INVESTMENT
OPPORTUNITIES
MEDIUM SPORTS COMPLEX -
REDHILL SURREY
THE Acquisition -
Purchase Freehold, Bungalow and
Warehouse
1. Three indoor Padel courts
2. Three outdoor covered
floodlit Padel courts
3. Gym –functional membership
4. One 3g floodlit football pitch
5. A Boutique Clubhouse with Cafe
SPORTS AROUND REDHILL
PADEL COURTS
IN THE LOCAL AREA
2
FOOTBALL TEAMS
IN THE LOCAL AREA
52
DESIGN EXAMPLE
SITE SIZE NEEDED
1.7 ACRES
16,716 SQ/FT WAREHOUSE
PADEL
COURT
PADEL
COURT
PADEL
COURT
PADEL
COURT
PADEL
COURT
PADEL
COURT 10
M
5 x 5
MUGA
3g Football PITCH
GYM
Mezzanine viewing terrace
Clubhouse/Cafe
15
M
0% 0%
53% 53%
54% 55% 56% 56% 57% 58% 59% 60%
0%
10%
20%
30%
40%
50%
60%
70%
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Openi ng -Yr2
Openi ng -Yr1
Yr1
Yr2
Yr3
Yr4
Yr5
Yr6
Yr7
Yr8
Yr9
Yr10
EBITDA %age
EBITDA
EBITDA & MARGIN BY YEAR
EBITDA EBITDA %age o f Net revenue
MEDIUM SPORTS COMPLEX
New Site Surrey
(1,000,000)
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
1 2 3 4 5 6 7 8 9 10 11 12
Cash at Bank
Years
CLOSING BANK POSITION - INCLUDING
LOAN REPAYMENT
0% 0%
12% 18%
28%
31%
34%
38%
41%
44% 44%
54%
0%
10%
20%
30%
40%
50%
60%
(600,00 0)
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Opening -Yr2
Opening -Yr1
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
Yr 6
Yr 7
Yr 8
Yr 9
Yr 10
Operating Profit %age
Operating profit
OPERATING PROFIT & MARGIN BY YEAR
Operating Profit/(Loss)
Operating Profit/(Loss) %age of Net Revenue
£932K/ 56% AVERAGE PA £544K / 33% AVERAGE PALOAN REPAID OVER 8 YEARS / 8% COUPON
6X
Padel courts-
3 indoor / 3 floodlit
outdoor
CLUBHOUSE
Changing rooms
and a Café
3G
Football 5x5
pitch
GYM
Functional
membership-
based facility
£4.3M
Investment
required
8 YEAR
loan repayment period
with 8% coupon
£
£
(500,00 0)
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
12345678910 11 12
Cash at Bank
CLOSING BANK POSITION –
INCLUDING LOAN REPAYMENT
0% 0%
6%
12%
18%
23%
29%
36%
40%
45% 46%
54%
0%
10%
20%
30%
40%
50%
60%
(600,00 0)
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Openi ng -Yr2
Openi ng -Yr1
Yr1
Yr2
Yr3
Yr4
Yr5
Yr6
Yr7
Yr8
Yr9
Yr10
Operating Profit %age
Operating profit
OPERATING PROFIT & MARGIN BY YEAR
Operatin g Profit/ (Loss)
Operatin g Profit/ (Loss) %age o f Net Revenue
FUNCTIONAL GYM
CAFÉ
PADEL
COURT
PADEL
COURT
PADEL
COURT
PADEL
COURT
WORKING
LAYOUT/DESIGN *
PADEL
COURT
PADEL
COURT
PADEL
COURT
PADEL
COURT
WAREHOUSE COMPLEX -
LOCATION TBD
THE DESIGN –
1. Eight indoor Padel courts
2. Gym –functional membership
3. A Boutique Clubhouse
environment with Cafe
Targeting
affluent towns/Cities
Bath - Somerset
Brighton - Sussex
Lewes - Sussex
Poole - Dorset
Cobham - Surrey
Cheltenham - Gloucestershire
Marlborough - Wiltshire
LARGE WAREHOUSE BASED SPORTS COMPLEX
Potential site Sussex
£648K/ 39% AVERAGE PA £400K / 24% AVERAGE PALOAN REPAID OVER 8 YEARS / 8% COUPON
8X
Padel courts-
3 indoor / 3 floodlit
outdoor
CLUBHOUSE
Changing rooms
and a Café
GYM
Functional
membership-
based facility
£2.5M
Investment
required
8 YEAR
loan repayment period
with 8% coupon
£
£
0% 0%
32% 34%
35% 36% 38% 40% 41% 43% 44% 45%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
Opening -Yr2
Opening -Yr1
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
Yr 6
Yr 7
Yr 8
Yr 9
Yr 10
EBITDA %age
EBITDA
EBITDA & Margin by Year
EBI TDA EBI TDA %ag e of Net revenue
(500,00 0)
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
12345678910 11 12
Cash at Bank
Closing Bank Position - including
Loan Repayment
0% 0%
3%
8%
12%
15%
20%
26%
30%
34% 35%
44%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
(600,00 0)
(400,00 0)
(200,00 0)
0
200,000
400,000
600,000
800,000
1,000,000
Op en in g - Yr 2
Op en in g - Yr 1
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
Yr 6
Yr 7
Yr 8
Yr 9
Yr 1 0
Operating Profit %age
Operating profit
Operating Profit & Margin by Year
Operating Profit/(Loss)
Operating Profit/(Loss) %age of Net Revenue
PADEL TENNIS
THE FASTEST GROWING SPORT IN THE WORLD
PADEL FACTS
Padel tennis is a cross between
squash & tennis and is played by
around 20 million people globally
The smaller court size and slower
ball speed make it simpler for
beginners to pick up the game and
enjoy playing.
This racquet sport is typically
played in doubles on a court
roughly 25 per cent smaller than
a tennis court.
One of the craziest Padel tennis facts!
Padel is the fastest growing sport in the
world, increasing at a rapid rate around the
world.
Sweden has seen a huge increase of play and
uptake has shot up by 310% since 2019.
450 courts have been built in 2020 and over
1,000,000 bookings were made!
The celebs love it
There are a LOT of celebrities that LOVE
Padel.
Footballers, influencers and actors all
enjoy the sport.
Jurgen Klopp, Neymar, David Beckham,
and Messi have been spotted playing it.
Many of them promote Padel on their
social media showing how good it is!There is a huge increase in Padel
Racquet sales
900,000 Padel racquets were sold last
year, compared to 400,000 tennis
racquets in the previous year.
This shows how there are so many new
Padel players that need racquets!
Social Media
415 million views of the World Padel Tour
Yo u T u b e C h a n n e l …and 11 million of these
have come in the last 30 days.
30% of Padel players are women
Padel is not completely male dominated.
With 30% of players being women,
compared to only 15% in tennis.
So, if you think Padel is a man’s game,
think again!
It is known for being an inclusive sport
suitable for players of all ages,
backgrounds and skill levels.
Padel is not an Olympic sport (yet)
While Padel is not an Olympic sport there
have been many calls for it to become
one, as it continues to grow worldwide.
Currently Padel is played in 57 countries
across the world -to qualify as an
Olympic sport, the sport must be played
in at least 75 countries.
As it continues to go global, let's watch
this space Padel fans!
Spain has over 20,000 PADEL COURTS and an estimated 6 MILLION PLAYERS.
Evidence from Spain indicates that Padel is the perfect solution for tennis clubs with structural
challenges, as pay-and-play revenue enables a venue to grow and retain members.
Padel in European inc of the UK is expected to follow similar growth to that of Spain, and there are now
21 tennis federations in Europe that have integrated Padel, including the likes of France, Italy, Belgium
and Netherlands.
Since integrating Padel 5-years ago, France and Italy have grown the number of Padel courts from less than
100 to over 1,000 courts, respectively. Developments have occurred organically whereby tennis venues have
proactively installed Padel courts. This has resulted in an overwhelming 70% of total Padel courts being in
tennis venues.
Popularity is growing in the UK too, and with focus placed on increasing investment, infrastructure, the LTA
project to see a total of 400 Padel courts in place by 2023. TOM MURRAY
LTA H e a d o f P a d e l
Padel is a form of tennis that
originated in Mexico in 1969, grew
across South America before making
it to Spain.
THE SPORT IS FASTEST GROWING
SPORTS ACROSS EUROPE.
ITALY
1,280
FRANCE
970
686
NETHERLANDS
390
BELGIUM
87
GREAT BRITAIN
49
GERMANY
41
GREECE
32
DENMARK
20
AUSTRIA
17
NORWAY
17
ANDORRA
12
IRELAND
10
ROMANIA
8
CROATIA
1
BULGARIA
PADEL TRENDS
IN EUROPE
Padel in Europe and the UK is
expected to follow similar growth
to that in Spain, where there is an
estimated 20,000 Padel courts and
6 million players.
THE TENNIS FEDERATIONS ACROSS
EUROPE HAVE NOW
INTEGRATED PADEL
into their thinking which has seen
the launch of multiple sites
ITALY
1,280
FRANCE
970
NETHERLANDS
686
BELGIUM
390
GREAT BRITAIN
87
GERMANY
49
GREECE
41
DENMARK
32
AUSTRIA
20
NORWAY
17
ANDORRA
17
IRELAND
12
ROMANIA
10
CROATIA
8
SAN MARINO
2
BULGARIA
1
SPAIN
20,000
A BRIEF HISTORY OF PADEL
1969
Padel is invented by
Enrique Corcuera in
Acapulco, Mexico.
1974
Padel was introduced to Spain
by Prince Alfonso of Hohenhole,
who built two courts at his
Marbella Club Hotel.
1975
Argentine millionaire Julio Menditeguy a
Marbella regular, imported the sport to his
country where it became a sporting
sensation. There are now over
2 million Padel players and over 10,000
Padel courts in Argentina.
1991
Representatives from the Spanish, Argentinian and
Uruguayan Padel associations held a meeting in La
Moraleja, Madrid and the International Padel Federation
(FIP) was formed.
1992
The British Paddle Association was formed by a group of passionate
British expats who wanted to compete in the inaugural World
Championships. Founder members included Nigel Garton, director and
coach at Middlesbrough Padel Club.
The first World Padel Championship, hosted by the International
Padel Federation, was held in Madrid with the finals being played at
Expo 92 World Fair in Seville. The first participants were Argentina,
Spain, UK and France.
1993
The Sports Council of Spain
recognised Padel as a sport
and changed the name to
Padel due to Spanish
pronunciation.
2000
After constant expansion during the 90’s
Padel spread from the southern coast
to the rest of Spain. There were
now more than 500 Padel clubs across
the country.
2005
The Padel Pro Tour (PPT) was created,
the first professional circuit of tournaments where
international players competed for world ranking
points and positions.
2011
Padel arrives in the UK with the
first courts being built by David Lloyd Leisure
and enthusiastic tennis club members who
wanted somewhere to play Padel on returning
home from holidaying in Spain.
The British Padel Federation is established this
year.
2013
The World Padel Tour (WPT), a new circuit of
professional tournaments was launched in
partnership with Estrella Damm. As most events
are held in Spain or Argentina and most related
content is in Spanish, the professional game and
its following has been limited to mainly Hispanic
nations.
2019
The Lawn Tennis Association
forms a strategic alliance with
British Padel and LTA Padel
is born.
2024
Will Padel tennis be
an Olympic sport at
LA in 2028?
Let’s hope so!
THE LTA PADEL DEVELOPMENT PLAN PRESENTED
4-year strategy to integrate, build, accelerate, and scale the sport of Padel in Great Britain.
2020
INTEGRATE
THE GAME
The initial phase of the
development plan was to fully
integrate Padel into the LTA,
aligning membership,
competitions and the coaching
pathway.
2021
BUILD
THE GAME
A primary focus to develop the
overall infrastructure of the
sport, i.e. the amount
of Padel courts, a workforce,
products and a structured
player pathway.
2022
ACCELERATE
THE GAME
We can then implement
marketing initiatives, develop
partnerships, to enhance the
overall awareness and visibility
of the game and continue to
increase overall participation.
2023
SCALE
THE GAME
With the number of courts
increasing, the workforce and
a player pathway bedded in,
the foundations will be in place
to rapidly grow the sport.
UK PADEL
COURTS STATS
Many Padel courts require players
to have membership of a tennis
or sports club, which means
non-members can only use the facilities
as a guest of an existing member.
Clubs Courts Indoor Covered Outdoor
UK
93 240 75 35 130
England
82 221 70 26 125
Scotland
814 3 7 4
Wales
2 3 - 2 1
Northern
Ireland
1 2 2 - -
Click the map above for
enhanced details on
UK coverage
ENGLAND
82 |221 |70 |26 |125*
SCOTLAND
8 |14 |3|7 |4*
WALES
2 |3 |0 |2 |1*
NORTHERN IRELAND
1 | 2 | 2 | 0 | 0*
*Respectively presented above
CLUBS | COURTS | INDOOR | COVERED | OUTDOOR
