Sports Pitch Finance and Sports Facility Funding

With a broad range of clients across the sport, leisure, and education sectors we understand the challenges of funding new sports facilities. These financial challenges face community organisations, sports clubs, stadia, and schools alike.

On this page we share our knowledge of the funding landscape with advice on the grants and finance options available to support the development of new and refurbished sports facilities.

Through our exclusive partnership with Buckingham Leasing we can provide competive funding solutions (subject to approval) for your new sports facility via Hire Purchase, Finance Leasing and Operating Leases.

Continue reading to learn more or call 01635 34521 or email for an informal chat about your project.

White Horse Federation used a sports pitch operating lease to fund the new 3g football pitch at John Madejski Academy

Finance options for sports facilities

S&C Slatter work in exclusive partnership with Buckingam Leasing, a leading supplier of business and asset finance.

Buckingam Leasing have over 18 years’ experience in delivering flexible and competitive financial solutions, with proven expertise in the grounds care, sport and leisure sectors.

As well as providing finance from their own fund base, over the last twenty years have developed additional relationships with some of the largest lending institutions in the UK.

Together we can provide competitive funding solutions (subject to approval) for your new sports facility via three finance options:

Sports facilities we finance

Through our finance offerings, clients can fund, construct and maintain the below facilities through one point of contact:

Offering market leading rates and working closely with S&C Slatter to understand your project Buckingham Finance can offer bespoke finance packages from £1,000 to £10,000,000.

Get in touch to discuss your options or find out more about each finance type below.

South Bromsgrove school surfacing and civils work delivered by S&C Slatter

Funding for Academy and State Schools

Where capital expenditure or grant funding may not be an option, sports operating leases are becoming increasingly popular in the education sector.

Particularly popular for academy and state schools, sports operating leases allow you to spread the cost of investing in new sports facilities. Repayments can be made monthly, quarterly, annually or on a bespoke schedule over 1-7 years.

The lease enables you to construct a new sports facility, or resurface one, such as a synthetic pitch, in return for agreed regular payments, with no deposit required.

Benefits of a sports operating lease:

  • Reduce upfront costs and free up funds for other projects.
  • Fixed payments improve financial management and forecasting.
  • Reduced tax payments and the option to reclaim VAT.
  • Operating lease rentals are treated as an expense item.
  • An operating lease is an additional line of finance (so may not affect existing bank arrangements)

Sports Operating Leases

We work exclusively with Buckingam Finance to offer you operating leases with competitive rates, no-deposit options and flexible repayment terms suited to your needs.

An example below outlines a real-world quote for the construction of a new full-sized 3G artificial turf pitch. The payment profile includes: no payment for 3 months followed by 81 monthly payments.

Operating Lease Agreement Example

Cash Deposit £60,000.00 + VAT
Balance Financed £600,000.00 + VAT
81x Monthly Payments £8,222.31 + VAT

 

*Figures quoted are correct at time of writing (March 2021) and serve for illustrative purposes only. Contact us for a tailored quote.

 

Sports Operating Lease case study

We worked with the John Madejski Academy who utilised an operating lease to fund their new FIFA Quality 3G football pitch. Popular with the local community, the pitch pays for itself through revenue earned from pitch hire.

Learn more about Operating Leases

Check our dedicated page to find out more about sports operating leases, if your organisation is eligible and what you can fund – contact us for a tailored quote.

 

Berkhamsted excavation and retaining wall construction S&C Slatter
Berkhamsted excavation and retaining wall construction S&C Slatter

Funding options for VAT Registered organisations

While some universities, elite sports clubs and local authorities may be eligible for sports operating leases (see above) other funding options are recommended to these sectors.

For organisations who are VAT registered, Hire Purchase Agreements are often the best option for financing a new facility.

Available to a variety of sectors including sports, education and leisure, a Hire Purchase Agreement allows you to spread the cost of your new sports facility over time.

In return for an agreed deposit and regular* payments, your new sports pitch can be constructed through a hire purchase agreement before your monthly payments even begin.

*Monthly, quarterly, semi-annually, annually or bespoke repayment plans.

Benefits of a Hire Purchase Agreement

  • Reduced upfront costs make construction more affordable
  • Full ownership on final payment
  • Fixed payments over 1-7 years improve financial management and forecasting
  • Deferred payment options allow pitch construction to be completed before payments begin, allowing revenue generated from your new pitch to contribute to repayments
  • Claim VAT back from the outset (if VAT registered)
  • If paying annually, payment can be deferred for up to 12 months
  • Claim tax relief via annual capital allowances

Hire Purchase Agreements

We work with a carefully selected panel of lenders, who are able to offer our clients hire purchase agreement options that work for them.

An example below outlines a real-world quote presented for the construction of a brand-new, full-sized 3G pitch. The payment profile is: no payment for 3 months, followed by 81 monthly payments at a 2.8% flat rate.

3G Football Pitch Cost Breakdown
Cost Price (Net) £600,000.00
VAT (20%) £120,000.00
Total £720,000.00
Hire Purchase Agreement Example
Cash Deposit (VAT) £120,000.00
Balance Financed £600,000.00
81x Monthly Payments £8,841.98

 

*Figures quoted are correct at time of writing (March 21) and serve for illustrative purposes only. Contact us for a tailored quote.

Learn more about Hire Purchase Agreements

To find out more, refer to our dedicated Hire Purchase Agreement page or  get in touch for a tailored quote.

St George's School Weybridge sand dressed hockey pitch constructed by S&C Slatter home to Old Georgians Hockey Club
S&C Slatter tennis & netball court construction Charterhouse School

Funding options for Non-VAT Registered organisations

For schools, universities, sports clubs and other organisations who are Non-VAT registered, Finance Leases are the recommended option for financing a new facility, as it allows you to spread the cost of VAT over the financing term.

As with Hire Purchase Agreements, Finance Leases are available to a variety of sectors. For organisations in the education, sports or leisure sectors who are Non-VAT Registered, a finance lease allows you to spread the cost of your new sports facility (including VAT) over a period of 1-7 years.

The lease enables you to construct a new sports facility, or resurface one, such as a synthetic pitch, in return for agreed regular* payments, with no deposit required.

*Monthly, quarterly, semi-annually, annually or bespoke repayment plans.

 

Benefits of a Finance Lease

  • No deposit required – free up funds for other projects
  • Fixed payments over 1-7 years improve financial management and forecasting
  • Finance lease payments are treated as an expense item
  • Reduce taxable income with full asset value on balance sheet
  • Full ownership at end of term
  • VAT cost spread over agreement, payable on each repayment

Finance Lease 3G pitch example

We work exclusively with Buckingam Finance, offering you finance lease agreement options that work for your needs.

An example below outlines a real-world quote for the conversion of a natural grass pitch to a 3G artificial turf pitch. The payment profile in this example is: no deposit, no payment for 3 months, followed by 81 monthly payments at a 2.8% flat rate.

3G Football Pitch Cost Breakdown
Cost Price (Net) £600,000.00
VAT (20%) £120,000.00
Total £720,000.00
Finance Lease Agreement Example
Cash Deposit £0.00
Balance Financed £600,000.00 + VAT
81x Monthly Payments £8,841.98 + VAT

 

*Figures quoted are correct at time of writing (March 2021) and serve for illustrative purposes only. Contact us for a tailored quote.

Learn more about Finance Leases

Get in touch for more information or learn more about constructing or renovating your sports facilities through a finance lease on our dedicated page.

Down Grange sand dressed hockey pitch
Swindon Town FC Community Trust Artificial Turf Pitch

Government grants for sport

Funding from the government and organisations like the national lottery are often delivered via sport governing bodies, like Sport England.

Sport England offer a number of funding options for community level and elite level facilities, which you may be eligible to apply for when funding a new sports project or refurbishment.

Local and regional councils will often also have grants available for sporting projects that can demonstrate specific benefit to the local community. These may be partial or full grants depending on the size and scope of the project, they also may require additional fundraising in support of the grant.

We encourage you to refer to your local council’s website to see what may be available in your area.

Funding for 3G football pitches

The Football Foundation is a charity partnership between The Premier League, The FA and The Department for Digital, Culture, Media & Sport, established to help communities improve their local football facilities through football grants.

Over 20 years, they have allocated grants to construct 829 artificial grass pitches, 1091 changing room/pavilion facilities and improved 3091 natural grass pitches.

With £60m allocated in 2019 alone, it’s worth looking into the eligibility options to see whether your school or local facility may be able to apply for funding from the scheme.

We’re proud to be official suppliers to the Football Foundation’s AGP Framework with our artificial turf partners FieldTurf. Together, we deliver projects funded by the Football Foundation to provide first-class facilities to communities across the country. Recent examples include delivering Swindon Town FC Community Trust’s new 3G training pitch and a state-of-the-art 3G artificial grass pitch at Fleet Primary School in London, officially opened by former Arsenal player Robert Pires.

Ringmer AFC Football Club Relocation S&C Slatter

Developer funded relocation

Many sports facilities are located on high value land but realising the land’s value can be complex. Our in-house Design & Planning division are experienced in relocation projects and can advise you on the potential for developer funded relocation.

With a poor-performing natural turf pitch in need of repair, Ringmer AFC faced an uncertain future. Thanks to housing developer Bedford Park developments, the club were able to sell their land for housing development, with the developer covering the cost of both relocation and construction of a cutting-edge new 3G Pitch and clubhouse.

Offsetting costs with facility hire

The demand for high-quality artificial turf pitch hire across the UK is high, with the likes of 3G Pitches and water-based hockey pitches commanding high hourly rental rates.

Many organisations enjoy the benefit of additional revenue from their new-build or refurbished facilities through pitch hire. See how non-league football clubs are reaping the rewards from their 3G Stadia Pitches.

Funding and finance advice from S&C Slatter

We’ve worked with clients who have utilised a variety of funding options to bring their sports construction projects to life. With 30 years’ experience in the design, construction and maintenance of sports facilities, we have a large network of funding partners and contacts.

Working exclusively with our partners Buckingham Leasing, we offer a variety of financing solutions to enable clients to fund, build and maintain sports pitches, playing courts and athletics tracks.

View our sports funding and finance case studies to see a selection of projects funded through finance solutions or grant funding.

Contact our team to talk to us about your plans and receive advice and guidance on what funding options may be best suited to you.

For more information call 01635 34521 or email enquiries@slattersportsconstruction.com