Amateur British Gymnastics Investments Limited / Club Capital

The challenge

Children and young people are experiencing an increasing number of physical and mental health issues. Gymnastics provides structured development of physical skills at a very early age, however, there is currently a lack of dedicated gymnastics facilities in the UK, with approximately 0.5 million people on waiting lists. Without access to clubs, children and young people are restricted from participating in sport from an early age.

Our approach

Better Society Capital worked together with British Gymnastics, Sport England and Bank Workers Charity to make available £10 million in affordable loans to fund new or improved gymnastics facilities, creating additional gymnastics places and improving club accessibility.

The Fund

The Club Capital Fund is managed by Sporting Assets and offers unsecured loans of between £25,000 to £250,000 (up to £750,000 in exceptional circumstances) to enable clubs to move into new, or expand or safeguard existing, dedicated gymnastics facilities. By blending grants from British Gymnastics (£2 million) and Sport England (£2 million) together with capital from Better Society Capital (£3.3 million) and Bank Workers Charity (£200,000), it is possible to make finance available where previously risks and costs were too high.