The future of Britain’s biggest five-a-side football centre operator was cast into doubt yesterday after it revealed that it had uncovered at least £12m of unforeseen VAT liabilities.
Goals Soccer Centres, which said three weeks ago that it had found “certain accounting errors”, warned that it was unable to quantify the full extent of the unpaid tax and asked for trading in its shares on Aim to be suspended.
The company said that it continued to work with its auditors at BDO to assess the “historical accounting errors and policies”, and added: “The value associated with these errors is still to be finalised but remains significant.”
