Have just read (Guardian 6th Oct 2005) that Richard Branson has got his cheque book out to buy back his health clubs from Bridgepoint for £134.5 (€198 million) – small change for Sir Richard. A quick calculation on the back of my son’s hand means that Bridgepoint (private equity) have made about £89 million (€131 million) in three years, just enough, know doubt, to pay for the Bridgepoint Christmas party. Sir Richard now wants to sell a Virgin health club experience to the Chinese…maybe they should also be looking at Bangkok…and yes, that REALLY is Richard Branson in the photo launching Virgin Brides
Tags: Richard Branson, Virgin Active