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PureGym 'burning £4m a week' during lockdown, will continue to lobby for gyms to be classed as essential service

PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part of "Lockout 2" measures.

Speaking on Sky News, PureGym CEO Humphrey Cobbold said he expects the figure to come down slightly, as easing measures are implemented.

"We're burning about £4m a week at the moment," Cobbold said.

"This will come down to about £2.5m to £3m a week with the mitigation activity and contributions from the government, such as the furlough scheme and a rates holiday – which, I have to say, we are very grateful for," he continued.

"We're also looking at what we are doing with our landlords. We're going to ask them to share some of the pain with us, which is part of the work which is underway currently.

"Since the lockdown was announced, we've been ensuring we close down our facilities safely, so they're as ready to reopen as possible for when we're allowed to – in December or thereafter."

In September, PureGym – which is now the second-largest fitness operator in Europe – secured a £100m cash injection from shareholders to help deal with the opportunities and threats posed by COVID-19. The move took the group's borrowings to around £480m.

Cobbold said the industry is fighting to convince the UK government to class gyms and leisure centres as essential services, a move which would allow them to remain open alongside other services such as doctor's surgeries, dentists and food suppliers.

"We've made the case repeatedly to ministers over the last few weeks, most recently by writing to the Prime Minister and other key ministers as soon as evidence of the lockdown emerged.

"So far, I'm afraid, we haven't been able to convince them, but that won't stop us from continuing to try."

Cobbold stressed that the motivation to make gyms an essential service is "not just a business one" – but concerns the state of public health.

"The case for gyms to become essential services is really being made by our members," said Cobbold, "We've been inundated by requests from them, pleading us to keep asking the government to allow us to stay open.

"Some of them are really heart-rendering. Ex-military guys who suffer from PTSD, for example, asking us to keep trying to keep the doors open, because the gym is such an important part of their process of rehabilitation and of mental health.

"So the case isn't just ours to make, it's the millions of people out there, who are regular users of gyms and facilities and I do think the government's decision on this is a poor one for the health and wellbeing of the nation."

• To read a full interview with Humphrey Cobbold in the latest issue (9/2020) of HCM, click here.

PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part of "Lockout 2" measures.
HAF,FIT,IND,PTS,PHR,PUB
2020/THUMB346567_561996_853600.jpg
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Latest news

PureGym 'burning £4m a week' during lockdown, will continue to lobby for gyms to be classed as essential service

PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part of "Lockout 2" measures.

Speaking on Sky News, PureGym CEO Humphrey Cobbold said he expects the figure to come down slightly, as easing measures are implemented.

"We're burning about £4m a week at the moment," Cobbold said.

"This will come down to about £2.5m to £3m a week with the mitigation activity and contributions from the government, such as the furlough scheme and a rates holiday – which, I have to say, we are very grateful for," he continued.

"We're also looking at what we are doing with our landlords. We're going to ask them to share some of the pain with us, which is part of the work which is underway currently.

"Since the lockdown was announced, we've been ensuring we close down our facilities safely, so they're as ready to reopen as possible for when we're allowed to – in December or thereafter."

In September, PureGym – which is now the second-largest fitness operator in Europe – secured a £100m cash injection from shareholders to help deal with the opportunities and threats posed by COVID-19. The move took the group's borrowings to around £480m.

Cobbold said the industry is fighting to convince the UK government to class gyms and leisure centres as essential services, a move which would allow them to remain open alongside other services such as doctor's surgeries, dentists and food suppliers.

"We've made the case repeatedly to ministers over the last few weeks, most recently by writing to the Prime Minister and other key ministers as soon as evidence of the lockdown emerged.

"So far, I'm afraid, we haven't been able to convince them, but that won't stop us from continuing to try."

Cobbold stressed that the motivation to make gyms an essential service is "not just a business one" – but concerns the state of public health.

"The case for gyms to become essential services is really being made by our members," said Cobbold, "We've been inundated by requests from them, pleading us to keep asking the government to allow us to stay open.

"Some of them are really heart-rendering. Ex-military guys who suffer from PTSD, for example, asking us to keep trying to keep the doors open, because the gym is such an important part of their process of rehabilitation and of mental health.

"So the case isn't just ours to make, it's the millions of people out there, who are regular users of gyms and facilities and I do think the government's decision on this is a poor one for the health and wellbeing of the nation."

• To read a full interview with Humphrey Cobbold in the latest issue (9/2020) of HCM, click here.

PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part of "Lockout 2" measures.
HAF,FIT,IND,PTS,PHR,PUB
2020/THUMB346567_561996_853600.jpg

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Opinion
promotion
Strength training has moved from the margins to the mainstream.
Opinion: Building smarter strength spaces for today’s operators
Featured supplier news
Featured supplier news: Legends never die: four legends, four philosophies of life
Panatta brought together four of the most influential figures in bodybuilding history on the stage of RiminiWellness 2026: Phil Heath, Lee Haney, Ronnie Coleman and Hany Rambod.
Featured supplier news
Featured supplier news: Introducing a new era of Nautilus Leverage
Strength training has never been more important for member retention, facility differentiation and long-term commercial success.
Company profiles
Company profile: We Work Well Inc
We Work Well is a global premier hosted buyer event company, connecting high-level executives from ...
Company profiles
Company profile: The Fitness Group Education
The Fitness Group is a UK provider of fitness education, working with gyms and organisations ...
Supplier Showcases
Supplier Showcase - Future-proofing
Featured press releases
Speedflex (UK press release: Inclusive Fitness in action: The Speedflex Blade at Gym Possible
Following the successful installation of the Speedflex Blade at Gym Possible, the UK based charity gym dedicated to making exercise accessible for people with physical disabilities, the innovative training solution has quickly become one of the facility’s
Featured press releases
BLK BOX press release: Inside the Player Gym at The Open, equipped by BLK BOX
The performance facility at Royal Birkdale gives the world’s leading golfers access to strength, conditioning, mobility and recovery equipment throughout Championship week.
Directory
Hot tubs
MSpa International Ltd: Hot tubs
Water experiences and hydrotherapy solutions
Aquaform s.r.l.: Water experiences and hydrotherapy solutions
Industrial washing machines
Miele Company Limited: Industrial washing machines
Fitness tracking platform
SpiviTech: Fitness tracking platform
Lockers
Crown Sports Lockers: Lockers
Spa and beauty equipment
Oakworks Inc: Spa and beauty equipment
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