Jockey Club Services (JCS), which provides business services to UK sports organisations, has been appointed by UK Athletics to manage its financial processing function.
As part of the agreement, JCS will manage transactional processing, treasury, debtor management, expenses and financial reporting for UK Athletics. The two parties have agreed a three-year deal.
JCS has provided a number of different business services to UK-based clients since it launched, including Badminton England, Table Tennis England, England Squash and British Fencing.
Jonathan Orr, Chief Financial and Operations Officer of UK Athletics, said: “We have studied the experiences of a number of NGBs who have effectively outsourced various business services to Jockey Club Services and the feedback has been exceptionally positive. Like all governing bodies we are continually challenging ourselves to have a resilient but cost-effective back-office operation in order to drive core investment to the sport of athletics.
“In JCS we have found an organisation that has extensive experience in the NGB sector who will work closely with us to provide the depth of financial management and expertise that we need as we head to Tokyo and beyond.”
JCS also provides ticketing services to three first-class county cricket clubs, finance and accounting for numerous NGBs, procurement support for various leading sports organisations and loyalty programmes in the shape of Rewards4Cricket.
Rob Quick, Director of JCS, said: “It’s a real honour for Jockey Club Services to be chosen by a governing body with the size, scale and pedigree of UK Athletics to manage their financial operational requirements for the next three years.
“The appointment from our perspective confirms the quality of the JCS offer and the depth of support that we are able to offer.”