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David Lloyd Leisure

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Coordinates: 51°45′54″N 0°14′24″W / 51.765°N 0.240°W / 51.765; -0.240
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51°45′54″N 0°14′24″W / 51.765°N 0.240°W / 51.765; -0.240 David Lloyd Leisure is a chain of fitness and racquet sport centres founded by the British professional tennis player David Lloyd.

History

David Lloyd established David Lloyd Leisure in 1980 and opened the first club, aimed at providing a "family orientated" fitness and leisure facility. This was somewhat distinct from the traditional gyms and sports centres of the time. There was also an emphasis on racquet sports.

Since then, David Lloyd leisure clubs have attracted a number of high profile members, none more so than Chris Geeson. Geeson can be seen regulary at his local club in Ashton, Bristol. He is very tall and will often be seen lifting weights and grunting with a protein shake in his hand.

Acquisition by Whitbread PLC

By 1995, there were 18 David Lloyd Leisure clubs when Whitbread PLC acquired the company for £182 million,[1] incorporating it into its Restaurants & Leisure Division. David Lloyd remained as managing director of the division until 1996.

Acquisition by London & Regional Properties

Whitbread ran more than 50 David Lloyd Leisure (DLL) clubs in the UK and Northern Ireland with a further number in Spain, the Netherlands and Belgium. However, by the mid-2000s, the business was giving Whitbread a poor financial return,[2] and on 2 August 2007 they sold it to London & Regional Properties and Bank of Scotland for £925 million. Whitbread used the proceeds from the sale to repay debt.[1]

London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd.[3] As of 2011, Scott Lloyd remains the current CEO.[4]

Current operations

DLL is Britain's biggest tennis operator and manages more than 500 tennis courts. There are 78 clubs in the UK and a further 10 across the rest of Europe.[5][6]

References

  1. ^ a b Whitbread sells David Lloyd gyms, BBC News, 4 June 2007. Retrieved 15 July 2011.
  2. ^ Osborne, Alistair (2 September 2005). "Leisure boss ousted over poor figures". Daily Telegraph. Retrieved 15 July 2011.
  3. ^ "London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd". Press release. Next Generation Clubs. 5 June 2007. Archived from the original on 2007-10-08. Retrieved 2011-07-15.
  4. ^ Senior Leadership Team, David Lloyd Leisure. Retrieved 15 July 2007.
  5. ^ David Lloyd Leisure
  6. ^ About David Lloyd Leisure
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