Our initial reaction to the strategic review and the accompanying fund raise of £16.75m is that neither are as radical as they could have been. Most of the pend will be geared to improving existing facilities in order to recapture lost market share and making the product more premium. Given key competitor Powerleague has announced similar plans and wider competition is intense, we question whether the actions outlined will be enough to deliver sustainable UK growth or just stabilise the business ....
