Goals Soccer Centres suspends trading in its shares | Business News


Struggling five-a-side football operator Goals Soccer Centres has suspended trading in its shares.

The company, which trades on the junior AIM market, said it was seeking clarification on its financial position.

It announced the move just weeks after issuing a second profit warning covering its last financial year following the discovery of accounting errors.

Goals, which has more than 50 sites in the UK and California, said then that it was working with its auditors to resolve the mistakes and reviewing some “accounting practices and policies”.

The firm also said that while the “accounting adjustments” were of a non-cash nature, it meant it was in breach of one of its banking agreements with Bank of Scotland.

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