Leicester law firm Nelsons has advised Braunstone-based Educ8
Business Consultancy on an investment deal with former
pro-footballer Neil Prince to open a LearnFit Academy in
Liverpool.
In a move to expand their network of sports academies for
youngsters, Jevon Payne and Tim Warner, the directors of Educ8,
have invested in the formation of Prince's new enterprise Educ8
Liverpool Ltd.
The ex-Liverpool FC Reserves and Torquay United player will use
the cash injection, which comes with mentoring and back-office
support, to launch an academy using Educ8's unique LearnFit sports
learning programme and brand.
Negotiations are underway with Bootle Football Club as Prince
hopes to open the new LearnFit Academy at the club's Selston ground
in September this year. Aimed at schoolchildren aged 14 to 19, it
will work towards providing them with accredited qualifications as
a route to further education, training or employment.
Commenting on the deal, Jevon Payne says: "We have a vision to
see LearnFit Academies open in all major cities across the UK, so
when Neil approached us with an interest in expanding his existing
community-based sports coaching operation, it was perfect
timing.
"Our research confirmed a need for an academy in the city to
help young people struggling in mainstream education, and Neil
shares our commitment to helping them to learn and achieve through
the use of sports-based programmes. Our concept and business
backing combined with his passion and profile within Liverpool,
makes this signing a sure winner."
Rik Pancholi of Nelsons advised on structuring and completion of
the deal. He says: "By identifying and helping individuals to set
up small businesses in key locations, each with the potential for
significant growth within their region, Jevon and Tim are
successfully expanding their investment portfolio and brand reach
at an exciting rate. This is the fourth deal we've advised the duo
on this year and we're confident they will continue to drive
forward, targeting city after city until all five of the Educ8
brands are household names."