Lloyd Webber buys back theatres
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Wakefield Council
£28,672 - £31,346 Grade 8
Wakefield, UK
Watford Football Club Community Education Trust
£24,500 (pro-rata)
Vicarage Road Stadium, Watford
SnowDome
Competitive
Tamworth, UK
Coach Gyms
£15k basic + commission + Bonus
Leeds / Harrogate, UK
Y Club
£30,000
Manchester, UK

Lloyd Webber buys back theatres

Job opportunities
City University of London
£25,941 to £29,176
location: CitySport, London, United Kingdom
Wakefield Council
£28,672 - £31,346 Grade 8
location: Wakefield, UK
more jobs

Lord Lloyd Webber has regained control of his West End theatre empire, having bought out his joint private equity partner, Bridgepoint Capital, in a deal signed yesterday (6 November).

The composer, whose personal fortune is estimated at £700m, has also announced that he is to invest £10m in the renovation and refurbishment of the theatres.

“Musical theatre has been my lifelong passion and I am overjoyed to have secured the ownership of these wonderful buildings for future generations of theatregoers,” he said.

“The West End theatre plays a vital role in London’s life and I am totally committed to its future.”

The deal, which will come into effect on 30 November, has put an end to speculation that Lloyd Webber is to sell his entire Really Useful Group.

Although he ordered a strategic review of the entertainment business back in June, Lloyd Webber stressed that he intended to retain at least a significant stake in the theatres.

Under the Really Useful Theatres arm of the business, he now owns the London Palladium; Theatre Royal, Drury Lane; Adelphi Theatre; Palace Theatre; Her Majesty’s Theatre; Cambridge Theatre; New London Theatre and the Gielgud Theatre, along with ticketing company See Tickets.

Lloyd Webber sold four playhouses to Nica Burns and Max Weitzenhoffer in July. Details: www.reallyuseful.com

Sign up for FREE ezines & magazines
Lord Lloyd Webber has regained control of his West End theatre empire, having bought out his joint private equity partner, Bridgepoint Capital, in a deal signed yesterday (6 November).
NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,AAC,NULL,NULL,NULL,NULL,NULL,COL,NULL,PHR,PRO,NULL,NULL
071105-Palace-RUT.jpg

More News

1 - 15 of 43,325
19 Jun 2021
Plans have been revealed to build the world's deepest pool in Cornwall, UK, which would house facilities serving the spaceflight, sports science and healthcare communities. ... More
18 Jun 2021
People with depression should be prescribed exercise and then monitored for the first 12 weeks of their regime – similar to the way physical therapy ... More
17 Jun 2021
Kew Gardens has established a "living laboratory" at its wild botanic garden at Wakehurst, UK. The move is part of a research project to explore ... More
17 Jun 2021
Frequent strenuous exercise increases the risk of developing motor neurone disease (MND) in people with certain genetic profiles. Over recent years, a number of high-profile ... More
16 Jun 2021
Discount rail and bus travel and £10m in vouchers to key attractions – funded by the National Lottery – are among the measures announced in ... More
16 Jun 2021
The UK government has extended the ban on commercial evictions until 25 March 2022. Announcing the move today (15 June), chief secretary to the Treasury, ... More
JP Lennard
JP Lennard
15 Jun 2021
Operating a further four weeks at reduced capacity will place serious pressure on English fitness facilities – if the government doesn't urgently provide additional financial ... More
15 Jun 2021
People experiencing homelessness are being offered free access to leisure centres by Oxford City Council. A scheme launched this month (June 2021) will see the ... More
15 Jun 2021
IHRSA has appointed Elizabeth Clark as its new president and CEO. Clark joins the industry body from the National Confectioners Association (NCA) – the trade ... More
15 Jun 2021
Buro Happold, has acquired acoustics and audio-visual consultancy Vanguardia Limited and its subsidiary Crowd Dynamics International. The move will strengthen Buro Happold’s depth of expertise ... More
15 Jun 2021
Boutique studio operator TRIB3 has launched its own-brand range of luxury toiletries. The operator, which recently entered the Benelux market by signing a 20-site franchise ... More
15 Jun 2021
Rainer Schaller's RSG Group is bringing its John Reed brand of health clubs to the UK for the first time. Set to open in London's ... More
Spa Life UK
Spa Life UK
11 Jun 2021
The government needs to urgently set out its plans to support physical activity and fitness businesses, if it intends to delay Step 4 of its ... More
11 Jun 2021
Glofox will begin offering health clubs, gyms and fitness studios instant access to financing, following a deal struck with Stripe Capital. The club management software ... More
10 Jun 2021
Hong Kong-based Bricks Group has revealed plans to launch its health club chain, U Time, in Europe and the UK. U Time currently operates a ... More
1 - 15 of 43,325
Technogym
Technogym