Social enterprise GLL will run two Olympic venues after the games

GLL wins contract for the Aquatics Centre and the Multi-Use Arena

The Aquatics Centre
The Aquatics Centre

The leisure trust GLL, a social enterprise, has won the contract to run two Olympic venues, including the Aquatics Centre, after the games have finished, it was announced yesterday.

GLL, which already runs more than 100 leisure centres, mostly in London, beat the private providers Serco and Parkwood Leisure to the contract to run the Aquatics Centre and the Multi-Use Arena, which will host handball during the games, for 10 years from the start of 2013.

The value of the contract was not disclosed.

Mark Sesnan, managing director of GLL, said: "Our charitable social enterprise status, community values and successful track record demonstrate that GLL is committed to opportunity for all, ensuring the games offer a long-lasting sporting legacy all Londoners can enjoy."

Peter Holbrook, chief executive of the umbrella body Social Enterprise UK, said social enterprises had more to offer London than private companies.

"Rather than private companies making profits and giving them to their shareholders, which means the money invested in poorer communities ends up elsewhere, GLL will reinvest the profits to provide training, jobs and top quality leisure facilities at affordable prices," he said. "This is what good business looks like."

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

Forthcoming Events

Preparing Charity Accounts

  • Thu 6 Nov 2014
  • London

Pensions update and auto-enrolment

  • Wed 12 Nov 2014
  • London

Locality '14 Convention

  • Mon 17 Nov 2014 - Tue 18 Nov 2014
  • Cardiff
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Advice on risk from a specialist insurer

How to reduce theft at your charity

Maximising security on your premises, using deterrents such as SmartWater and ensuring computer systems are secure can all prevent a theft occuring, says Wendy Cotton, a charity insurance expert at Markel

Renting a property: how to minimise the risks

Managing the risks that come with renting a property can make the difference between a charity thriving or failing