Federation of Sport
Series A Growth Capital
A three-year management scenario funded by a proposed £10 million raise before 2027 and a separate proposed £15 million raise before accelerated 2028 openings.
Tuesday, 27 October 2026 · All figures in GBP · Illustrative — not an offer of securities
£10M + £15M
Separate proposed equity receipts
Forecast Window
2027–2029
Hull is the one existing venue before the forecast. 2026 is not counted as a forecast year.
Proposed Funding
£10M + £15M
Separate proposed equity raises before the 2027 rollout and accelerated 2028 openings; neither is committed funding.
Year-End Estate
6 → 16 → 22
Owned and hospitality-partner openings. Partner sites remain subject to signed agreements.
2029 Financials
£33.188M Revenue
£6.103m EBITDA, 18.4% EBITDA margin and £6.755m modeled closing cash.
Forecast Scorecard
Workbook-aligned 2027–2029 management scenario
Existing Venue
verified2027 Proposed Equity
forecast2028 Proposed Equity
forecast2027 Revenue
forecast2029 Revenue
forecast2029 EBITDA
forecast2029 Year-End Estate
forecastNew Owned Site Target
targetFit-Out per Owned Site
illustrativeFranchise Enquiries
pipelineWhy We Are Raising Capital
Annual cash uses supporting the proposed £10m and separate £15m raises
Owned Venue Fit-Outs
£7.6m in 2027, £11.4m in 2028 and £3.8m in 2029 for new company-owned venues.
£22.8m modeled total
Partner Activation
£0.2m in 2027 and £0.8m in each of 2028 and 2029. Openings remain conditional on signed agreements.
£1.8m modeled total
Pre-Opening Cash
Launch preparation and pre-opening costs phased with modeled opening months.
£2.1m modeled total
Technology
Planned technology investment following completion of the proposed raises.
£1.15m modeled total
Brand Launch
Brand and launch investment aligned to the staged estate rollout.
£0.80m modeled total
Why Federation of Sport
Evidence of traction · validated flagship · premium brand
£1.6M+
Invested to date
Hull
Operational flagship
12,400+
Visitors
£320K+
Revenue generated
4.8★
Google rating
Premium
Brand established
Courtois
Celebrity shareholder
UK Options
Exploring venues
Meliá
Spain hospitality talks
23
Franchise enquiries
Planned
Technology roadmap
£10M + £15M
Separate proposed raises
The Investment Opportunity
Why this market · why now · why invest
Hull
Operational flagship
Concept Validated
£1.6M+ invested and 12,400+ verified visitors — the concept and format are trading, not conceptual.
1 → 22
Year-end estate by 2029
Disciplined Rollout
A staged three-year plan: 12 new owned venues and 9 conditional hospitality-partner venues alongside Hull.
£10M + £15M
Separate proposed raises
Transparent Capital
The workbook phases each proposed receipt separately and keeps equity outside revenue and EBITDA.
4 routes
Strategic · PE · IPO
Multiple Exit Paths
Strategic hospitality, global leisure, private equity recapitalisation and long-term IPO routes.
Investment Progress
Execution against our strategic growth plan
Investment Progress
Execution against our strategic growth plan
Execution Progress
Hull Flagship Opened
Federation of Sport's first venue opened in Hull city centre.
£1.6M+ Invested
Capital deployed across venue fit-out, technology, brand and launch.
12,400+ Visitors
Visitors to the Hull flagship since opening.
£320K+ Revenue
Revenue generated in the first six months of trading.
Proposed £10M Equity Raise
Assumed before the 2027 rollout; not received or committed.
Separate Proposed £15M Raise
Assumed before accelerated 2028 openings; not received or committed.
UK Option Venues
Exploring a few UK option venues; no specific site under lease negotiation.
Meliá Hotels Discussions
Advanced commercial discussions in Spain — not yet contracted.
Franchise Pipeline
23 qualified enquiries; 2 in advanced discussions.
Technology Platform
Development of booking, CRM, loyalty, AI analytics and mobile platform following the Series A raise.
Six Year-End Venues
Hull plus four new owned venues and one conditional hospitality-partner venue.
What's Changed Since Your Last Review
Latest investor updates · curated by management
Expansion
Property portfolio strategy activated — sites identified for real estate acquisition at discounted or favourable prices, creating an uplift in value under the Property Co / Op Co structure.
Funding
The forecast assumes a proposed £10m raise before the 2027 rollout and a separate proposed £15m raise before accelerated 2028 openings.
Expansion
Exploring a few UK option venues; no specific site under lease negotiation.
Partnerships
Meliá Hotels discussions progressed into advanced commercial stage (not yet contracted).
Franchising
Franchise pipeline: 23 qualified enquiries; 2 in advanced discussions.
Corporate
New corporate engagements under discussion across hospitality, sport and entertainment.
Growth Engine
Rollout ladder, international expansion and market opportunity
Rollout Timeline · 2027–2029
Hull is the one existing venue before the three-year forecast begins
2027 · Proof of scale
£0.840m EBITDA
Start
1
New owned
4
New partners
1
Total new
5
Year end
6
Hospitality-partner openings are conditional on signed agreements. No franchise fees or franchise royalties are included in this forecast.
International Expansion Map
Pins phase in by year · hover for venue details
Locations to 2029
9
UK Annual Market
£35B+
Expected CAGR
12–15%
Federation of Sport sits at the intersection of hospitality, sport, gaming and entertainment — eight revenue pillars compounding inside a single brand.
Hospitality
Sports Technology
Gaming
Esports
Food & Beverage
Memberships
Corporate Events
Franchising
Multi-Activity Model
Golf, darts, racing, VR, gaming and esports under one roof.
Premium Positioning
Premium city-centre flagship with hospitality standards.
Recurring Revenue
Memberships, corporate accounts and repeat visit economics.
Corporate Channel
Blue-chip corporate engagement across sectors.
Franchise Pipeline
23 qualified enquiries and 2 advanced discussions; no franchise fees or royalties are included in the forecast.
Hospitality Partners
Advanced discussions with Meliá to de-risk international rollout.
Technology Roadmap
Proprietary platform planned post Series A.
Sporting Association
Global sports ambassador supporting brand reach.
Financial Forecast
2027–2029 illustrative management scenario · workbook-aligned
Annual P&L Summary
Workbook-aligned · £m except margin
| Metric | 2027 | 2028 | 2029 |
|---|---|---|---|
| Group revenue | £6.547m | £18.957m | £33.188m |
| EBITDA | £0.840m | £3.461m | £6.103m |
| EBITDA margin | 12.8% | 18.3% | 18.4% |
| Indicative depreciation | £0.754m | £1.863m | £2.813m |
| Illustrative operating profit before finance and tax | £0.086m | £1.599m | £3.290m |
| Expansion and launch cash uses | £8.700m | £14.050m | £5.900m |
| Modeled year-end cash after proposed funding | £2.140m | £6.552m | £6.755m |
Monthly Revenue
£m · Hull, owned cohorts and conditional hospitality partners
Monthly EBITDA
£m · operating measure before depreciation, finance and tax
Modeled Closing Cash
£m · includes proposed £10m in Jan 2027 and £15m in Jan 2028
Funding and Expansion Cash Uses
£m · equity receipts shown separately from operating income
Proposed Funding and Expansion Cash Uses
£m · proposed equity is not revenue, EBITDA or profit
The £10m receipt is assumed in January 2027. A separate £15m receipt is assumed in January 2028 before the first accelerated opening. Neither is shown as received or committed.
2027–2029 Financial Projection
£m · fixed workbook scenario, not multiplied by dashboard controls
New Owned-Venue Assumptions
Mature annual sales
£3.05m
Opening-year run rate
70% annualised
Fit-out per site
£1.9m
Direct costs
33% / 34% / 35%
Management targets requiring validation against leases, contractor quotes, bookings, site capacity and operating results. Opening-year revenue is phased from each modeled opening month.
2027 Downside Sensitivity
Approximately £406k operating loss
At £2.8m mature annual sales and a 65% opening-year run rate, holding other assumptions fixed. This is a downside sensitivity, not another base-case forecast, and demonstrates the narrow margin for error around the modeled £86k 2027 operating profit.
Technology Development Roadmap
Technology infrastructure will be developed using Series A investment proceeds — modules below are planned and funding dependent.
Booking Platform
PlannedTarget · Post Series A
CRM
PlannedTarget · Post Series A
Membership Platform
PlannedTarget · Post Series A
AI Analytics
PlannedTarget · Post Series A
Tournament Platform
PlannedTarget · Post Series A
Mobile App
PlannedTarget · Post Series A
Loyalty Engine
PlannedTarget · Post Series A
Franchise & Partnerships
23 discussions · 2 advanced · no franchise fees or royalties included in forecast
Franchise Pipeline
Non-financial pipeline context · no franchise fees or royalties in the forecast
Corporate Clients
Selected partners and corporate book
NHS
Public Sector
Siemens
Industrial
Reckitt
FMCG
BP
Energy
Hull City AFC
Sport
Caffè Nero
Hospitality
Monthly Revenue
£62K
Monthly Visitors
2,100+
Average Spend
£48
Repeat Visit %
41%
Corporate Revenue %
12%
Venue Occupancy
68%
Activity Utilisation
72%
Google Rating
4.8★
Net Promoter Score
74
Cash Runway
12+ mo
Exit Strategy & Value Creation
Potential value creation drivers and illustrative liquidity routes — no valuation targets stated.
Potential Value Creation Drivers
How the platform is intended to create long-term value — no valuation targets stated.
Estate Growth
Compounding revenue and EBITDA as company-owned and hospitality partner venues open across UK and Europe.
Technology Platform
Proprietary booking, CRM, loyalty and AI stack — margin uplift and platform monetisation.
Revenue Diversification
Owned venues and conditional hospitality-partner income diversify the modeled revenue base.
Pipeline Optionality
23 franchise enquiries remain separate from the model; no franchise fees or royalties are forecast.
International Expansion
Iberia and Mediterranean via Meliá partnership; MENA and selected international via partner-led routes.
Operating Margins
Modeled EBITDA margin progresses from 12.8% in 2027 to 18.4% in 2029.
Illustrative Exit Routes
Indicative liquidity windows — no valuation targets stated.
Strategic Hospitality Acquisition
Window · 2029–2031
Global Leisure Operator Acquisition
Window · 2029–2031
Private Equity Recapitalisation
Window · 2029–2030
IPO (long-term)
Window · 2031+
Exit outcomes will depend on market conditions, execution and platform maturity at the time of transaction. Management does not present speculative MOIC or IRR targets.
ESG & Social Impact
Jobs, community, sport and sustainability
45+
Jobs Created
24
Community Events
8 clubs
Grassroots Sport
18% target
Energy Efficiency
22
Local Partnerships
420+ hrs
Social Impact
260
Volunteer Hours
TrackMan Golf
Uptime · 99.4%
Interactive Darts
Uptime · 99.8%
GT Racing
Uptime · 98.9%
Formula Racing
Uptime · 99.1%
VR Arena
Uptime · 97.2%
Gaming Lounge
Uptime · 99.5%
Food
Uptime · —
Bar
Uptime · —
Events
Uptime · —
Weekly Utilisation Heat Map
Occupancy intensity by day · hour
Peak Utilisation
92%
Off-Peak Utilisation
21%
Booking Density
68
Occupancy
74%
Idle Capacity
26%
Avg Dwell Time
1h 48m
Leadership Platform
Building a category-leading competitive social entertainment business
Founder & CEO
Antonio Tombanane
Founder of Federation of Sport, with 20+ years across technology, digital innovation, hospitality and commercial partnerships — including global tech partnerships with Google, Apple, AWS, IBM and more. Leads vision, fundraising, commercial partnerships and international expansion.
Strategic Property & Development
Shaun Larvin
Commercial property developer and investor with 20+ years delivering hospitality, commercial and regeneration projects, including £150m+ of developments and landmark schemes such as the DoubleTree by Hilton Hull.
Strategic Development
Jamie Alexander Hunter
Property entrepreneur focused on large-scale urban regeneration across the Midlands, with a portfolio spanning mixed-use developments, residential schemes and city-centre regeneration across Birmingham's Digbeth district.
International Expansion · Iberia
Erik Alonso
International operator with senior experience across hospitality, sports entertainment and brand partnerships in Spain and Iberia. Supports expansion into Spain, Portugal and Mediterranean resort destinations.
Global Sports Ambassador
Thibaut Courtois
One of the world's leading professional goalkeepers with Real Madrid CF and Belgium. UEFA Champions League winner, Yashin Trophy winner and CL Final Man of the Match. Provides elite sporting credibility and global brand reach.
Why This Leadership Team Can Scale Federation of Sport
Complementary expertise across the disciplines required for national and international rollout
Technology & Innovation
Digital platforms, AI roadmap, customer experience and commercial innovation.
Hospitality
Venue operations, premium customer experience, food and beverage strategy.
Commercial Property
Site sourcing, acquisitions, regeneration, landlord negotiations and expansion.
Investment & Finance
Growth capital, investor engagement, strategic funding and corporate finance.
Brand & Partnerships
Commercial partnerships, global sporting relationships and brand positioning.
National Expansion
Multi-site rollout, franchising, hospitality partnerships and international growth.
"Federation of Sport combines entrepreneurial leadership with proven expertise in technology, hospitality, commercial property and large-scale regeneration — supported by international operators and a global sports ambassador. Together, the leadership platform provides the strategic capability required to scale the business nationally and internationally."
Board Reporting
Management RAG status and read-only 36-month forecast schedule
Board Dashboard · RAG Status
Management indicators · not independently verified
Revenue
Modeled Cash
Operations
Technology Build
Proposed Raises
UK Option Venues
Spain Partnership
Recruitment
Expansion
Compliance
36-Month Forecast Schedule
Read-only · same workbook source as charts · £m
| Month | Revenue | EBITDA | Margin | Proposed equity | Expansion uses | Closing modeled cash |
|---|---|---|---|---|---|---|
| 2027-01 | £0.128m | £-0.064m | -50.3% | £10.000m | £0.400m | £9.536m |
| 2027-02 | £0.128m | £-0.064m | -50.3% | — | — | £9.471m |
| 2027-03 | £0.306m | £-0.008m | -2.5% | — | £2.000m | £7.464m |
| 2027-04 | £0.306m | £-0.008m | -2.5% | — | — | £7.456m |
| 2027-05 | £0.484m | £0.049m | 10.2% | — | £2.000m | £5.505m |
| 2027-06 | £0.484m | £0.049m | 10.2% | — | — | £5.554m |
| 2027-07 | £0.662m | £0.106m | 16.0% | — | £2.000m | £3.660m |
| 2027-08 | £0.662m | £0.106m | 16.0% | — | — | £3.766m |
| 2027-09 | £0.840m | £0.163m | 19.4% | — | £2.000m | £1.929m |
| 2027-10 | £0.840m | £0.163m | 19.4% | — | — | £2.091m |
| 2027-11 | £0.855m | £0.175m | 20.4% | — | £0.300m | £1.966m |
| 2027-12 | £0.855m | £0.175m | 20.4% | — | — | £2.140m |
| 2028-01 | £1.018m | £0.139m | 13.7% | £15.000m | £0.850m | £16.429m |
| 2028-02 | £1.196m | £0.182m | 15.2% | — | £2.000m | £14.611m |
| 2028-03 | £1.196m | £0.182m | 15.2% | — | — | £14.793m |
| 2028-04 | £1.389m | £0.236m | 17.0% | — | £2.300m | £12.729m |
| 2028-05 | £1.389m | £0.236m | 17.0% | — | — | £12.965m |
| 2028-06 | £1.582m | £0.290m | 18.4% | — | £2.300m | £10.955m |
| 2028-07 | £1.582m | £0.290m | 18.4% | — | — | £11.246m |
| 2028-08 | £1.760m | £0.333m | 18.9% | — | £2.000m | £9.578m |
| 2028-09 | £1.775m | £0.345m | 19.4% | — | £0.300m | £9.623m |
| 2028-10 | £1.953m | £0.387m | 19.8% | — | £2.000m | £8.011m |
| 2028-11 | £1.968m | £0.399m | 20.3% | — | £0.300m | £8.110m |
| 2028-12 | £2.146m | £0.442m | 20.6% | — | £2.000m | £6.552m |
| 2029-01 | £2.559m | £0.453m | 17.7% | — | £0.700m | £6.305m |
| 2029-02 | £2.559m | £0.453m | 17.7% | — | — | £6.758m |
| 2029-03 | £2.574m | £0.465m | 18.1% | — | £0.300m | £6.923m |
| 2029-04 | £2.752m | £0.498m | 18.1% | — | £2.000m | £5.421m |
| 2029-05 | £2.752m | £0.498m | 18.1% | — | — | £5.919m |
| 2029-06 | £2.767m | £0.510m | 18.4% | — | £0.300m | £6.128m |
| 2029-07 | £2.767m | £0.510m | 18.4% | — | — | £6.638m |
| 2029-08 | £2.767m | £0.510m | 18.4% | — | — | £7.147m |
| 2029-09 | £2.782m | £0.522m | 18.7% | — | £0.300m | £7.369m |
| 2029-10 | £2.960m | £0.554m | 18.7% | — | £2.000m | £5.923m |
| 2029-11 | £2.975m | £0.566m | 19.0% | — | £0.300m | £6.189m |
| 2029-12 | £2.975m | £0.566m | 19.0% | — | — | £6.755m |
Owned openings: 2027 March, May, July, September; 2028 February, April, June, August, October, December; 2029 April, October. Partner openings remain conditional.
The Opportunity
Next phase of expansion — not concept validation
Investor Message
The Opportunity
Federation of Sport has validated its flagship concept through the successful launch of its Hull venue — £1.6M+ invested, 12,400+ visitors and £320K+ revenue in under six months.
The Series A investment is intended to accelerate expansion into additional company-owned venues, strategic hospitality partnerships and franchising, while funding the development of a proprietary technology platform to support long-term scalable growth.
This investment represents an opportunity to participate in the next phase of the company's expansion — not to fund concept validation.