The move will ensure the future of the multi-sport health and fitness facility in Rose Hill Park, Sutton, as it becomes part of the country’s largest public leisure provider.
Heads of Terms have been agreed and it is expected all arrangements will be completed by the autumn.
Keith Sohl, MD of JTC, said:
“We are very pleased to announce the sale of TSV to leading sports and leisure charity GLL, which we believe to be in the best interests of all staff and customers.
“It has always been important to us that the sporting and tennis legacy be retained and we are very confident that GLL’s vision for the business is a positive one that will support all aspects of the current operation.
“We are particularly pleased that a not-for-profit social enterprise will be running the business in the future, as its ethos will maintain our wish to see the local community at the heart of the operation.”
Mark Sesnan, MD of GLL, said:
“We are delighted to have the opportunity to bring TSV – currently a family-owned business – into our GLL sports and leisure operation.
'”As a charitable social enterprise who invest all profits into services we will be developing the products and activities at TSV.
“GLL are the leading public sport and leisure provider within the UK and the benefit of our expanding regional network will help secure the future of this popular venue for decades to come.”
GLL are the largest provider of public tennis in the UK and operate a number of tennis facilities from community to elite.
The sale will allow for further capital investment in TSV to ensure growth and sustainability. In addition, staff will become part of a growing network that will be able to create and offer unparalleled employee career
development opportunities shared by 12,500 workers.
The TSV Executive will be working closely with GLL to ensure a smooth transition, including the transfer of employment rights.
About GLL
Established in 1993, GLL is the largest UK-based not-for-profit charitable social enterprise delivering leisure, health and community services. This means that we work for the benefit of everyone: the public, the communities we work in, the environment, our staff and our partners.
Under the consumer-facing brand Better, the organisation operates more than 200 public sport and leisure centres and 57 libraries in partnership with more than 30 local councils, public agencies and sporting organisations. Better leisure facilities enjoy 40 million visitors a year and have more than 650,000 members.
GLL exists to make community services and spaces better for everyone. In practice, that means investing all profits back into providing quality leisure and fitness facilities for the good of the communities where GLL operates. We pride ourselves on providing high-quality leisure and fitness facilities at affordable prices, so that everyone in our partner boroughs can enjoy the benefits of a healthy and active lifestyle.
Alongside the organisation’s core leisure and library divisions, GLL runs sport and legacy development, health intervention and education, as well as offering the GLL Sports Foundation; one of the largest independent support programmes for talented young athletes in the UK.