Football Pools acquisition moves a step closer

Liverpool-based betting firm Sportech is a step closer to selling the Football Pools after its board approved the deal.OpCapita-controlled FP Acquisitions Limited can now complete the £83 million purchase, subject to obtaining the necessary licences from the Gambling Commission.A Sportech spokesperson says: "The board of Sportech is pleased to announce that the ... Read More...

Liverpool advisor deal activity ‘declined in 2016’

Deal activity among Liverpool-based professional advisors declined in 2016, according to a report.Figures from Professional Liverpool and financial information specialist Experian Corpfin show that transactions in the sector reached £342 million combined, a downturn of 13% compared to the year before.Liverpool advisors working both across the UK and globally are said to have ... Read More...

Budget 2017’s business rates relief ‘too little, too late’

The business rates relief outlined in the government's 2017 Spring Budget is not extensive enough, according to North West commercial property leaders.Adam Burke of Colliers International's North West division describes Chancellor Philip Hammond's olive branch to affected firms as "too little, too late".He says: "The Chancellor’s Budget announcement on business ... Read More...

Business rates relief in Spring Budget 2017

Help for firms hit by high business rates was among the key measures outlined in Chancellor Philip Hammond's Spring Budget.The government has set aside £435 million for the companies affected, with a £300m hardship fund set up for the small businesses hit hardest.Hammond pledged that businesses losing existing relief will pay ... Read More...

The Football Pools to be sold for £83m

Liverpool-based betting firm Sportech has agreed to sell The Football Pools for £83 million.A proposed £97.25m sale of the business to Burlywood Capital fell through last November.The new deal is with FP Acquisitions Limited, a private limited company controlled by funds advised by OpCapita, a UK-based private equity advisory firm ... Read More...