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Sheffield City Trust

From Wikipedia, the free encyclopedia

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

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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

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The Trust operates a range of sports and entertainment venues:[1]

Sports and leisure centres

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The trust formerly managed Don Valley Stadium until its demolition.

Entertainment venues

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In January 2025, both venues will no longer be managed by Sheffield City Trust, with ASM Global taking over operations.[2][3]

Golf courses

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  • Beauchief Golf Club
  • Birley Wood Golf Club
  • Tinsley Park Golf Club
  • Tapton Park Golf Club
  • Sinfin Golf Club

Finance

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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

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  1. ^ "Venues | Sheffield City Trust". www.sheffieldcitytrust.org. Retrieved 8 December 2023.
  2. ^ Constable, Oli (9 July 2024). "New operator selected for Sheffield City Hall". Retrieved 9 July 2024.
  3. ^ Tague, Neil (27 February 2024). "International venues giant to run Sheffield's arena". Retrieved 9 July 2024.
  4. ^ Charities Direct: Top 500 Charities - Expenditure Archived 2 December 2008 at the Wayback Machine
  5. ^ "DAVID GREY MBE". Connect Yorkshire. Retrieved 22 May 2022.
  6. ^ 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.
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