In short
Following his retirement from professional tennis, Lloyd worked for a number of years as a coach at a tennis club in Canada. It was here that he hatched the idea of creating his own tennis and health club in the UK and on his return to Britain he founded the David Lloyd Leisure Clubs, opening the first club in Heston, near Hounslow in west London, in 1982. It was a pioneering concept in health and fitness: family-oriented clubs with an emphasis on tennis.
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Further info
Following his retirement from professional tennis, Lloyd worked for a number of years as a coach at a tennis club in Canada. It was here that he hatched the idea of creating his own tennis and health club in the UK and on his return to Britain he founded the David Lloyd Leisure Clubs, opening the first club in Heston, near Hounslow in west London, in 1982. It was a pioneering concept in health and fitness: family-oriented clubs with an emphasis on tennis.
The business was floated on the London Stock Exchange in 1992 and by 1995, there were 18 David Lloyd Leisure clubs, when Whitbread Plc acquired the company for a reported £200 million, a record in the City at that time, incorporating it into its Restaurants & Leisure Division. Lloyd remained as managing director of the division until 1996.
Lloyd, together with his son Scott, went on to create Next Generation fitness clubs and in 2007, London & Regional Properties in partnership with Bank of Scotland, acquired David Lloyd Leisure from Whitbread and incorporated Next Generation into the group, in a deal worth £925 million. David shares his knowledge of business with you in this Toppa Tips Course.
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