Sheffield City Trust
Sheffield City Trust is a registered charity in the United Kingdom that owns and/or manages fifteen entertainment and sports venues in Sheffield, South Yorkshire, England.
Charitable objectives
[edit]The Trust was established in 1988 with three charitable objectives:
- provide recreational and other leisure facilities of a high standard and as economically as possible
- promote the physical health of the inhabitants of the City of Sheffield
- encouragement of the Arts, and the acquisition, preservation, restoration and maintenance of buildings of historical interest in Sheffield.
Venues
[edit]The Trust operates a range of sports and entertainment venues:[1]
Sports and leisure centres
[edit]- Concord Sports Centre
- English Institute of Sport, Sheffield (venue management only)
- Heeley Pool and Gym
- Hillsborough Leisure Centre
- iceSheffield
- Ponds Forge International Sports Centre
- Springs Leisure Centre
- Westfield Sports Centre
The trust formerly managed Don Valley Stadium until its demolition.
Entertainment venues
[edit]- Sheffield Arena (managed by Live Nation)
- Sheffield City Hall (managed on a 99-year lease from Sheffield City Council)
In January 2025, both venues will no longer be managed by Sheffield City Trust, with ASM Global taking over operations.[2][3]
Golf courses
[edit]- Beauchief Golf Club
- Birley Wood Golf Club
- Tinsley Park Golf Club
- Tapton Park Golf Club
- Sinfin Golf Club
Finance
[edit]The charity is funded via its three wholly owned subsidiaries, Sheffield International Venues Ltd, Sheffield City Hall Limited and Sheffield Festival Limited. In 2005–6 the Trust had an income of £56.7 million, expenditure of £55.8 million and held assets valued at £316 million.[citation needed] It is one of the 100 largest UK charitable organisations ranked by annual expenditure.[4] The current chair of the Trust is David Grey,[5] the previous chair was Howard Culley and before that (1997–2008) was Paul Blomfield.
Despite this, in recent times the trust has suffered financial problems and in 2022 received a £7 million lifeline from Sheffield City Council and agreed to hand back some of the major venues the trust manages.[6]
References
[edit]- ^ "Venues | Sheffield City Trust". www.sheffieldcitytrust.org. Retrieved 8 December 2023.
- ^ Constable, Oli (9 July 2024). "New operator selected for Sheffield City Hall". Retrieved 9 July 2024.
- ^ Tague, Neil (27 February 2024). "International venues giant to run Sheffield's arena". Retrieved 9 July 2024.
- ^ Charities Direct: Top 500 Charities - Expenditure Archived 2 December 2008 at the Wayback Machine
- ^ "DAVID GREY MBE". Connect Yorkshire. Retrieved 22 May 2022.
- ^ Williams, Molly (15 March 2022). "'End game' for Sheffield City Trust as all leisure and entertainment facilities handed back to council". Retrieved 9 July 2024.