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Sports Café

  • BY: Andrew Hore |
  • POSTED: 23/07/2007 |

Sports Café is boosting its balance sheet by selling and leasing back its Birmingham site for £4.4m.

The sports bars operator will pay £275,000 a year in rent on the 25 year lease on the property. The Sports Café chain has struggled to make profits but costs have been cut. The first quarter was flat and April was poor. However, May was a better month and new chief executive Peter Marks is hopeful that more televised matches in the new football season and the Rugby World Cup will boost trading in the second half. 

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