UK Athletics has appointed Jockey Club Services (JCS), which offers a range of world-class business services to organisations in professional sports in the UK, to manage its financial processing function.
The appointment will see JCS manage transactional processing, treasury, debtor management, expenses and financial reporting for the next three years, providing the sport with an up to date system at best possible value.
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.”
Since its inception, JCS has provided a number of different business services to a wide cross-section of professional sports in the UK including Badminton England, Table Tennis England, England Squash and British Fencing.
Rob Quick, Director of Jockey Club Services, 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.
“We very much look forward to working with the team at UKA to deliver a first-class financial management service.”
Jockey Club Services clients include the provision of Ticketing Services to three first-class County Cricket Clubs, Finance and Accounting for numerous NGBs, Procurement Support for a range of leading sports organisations and Loyalty programmes through the creation of Rewards4Cricket with half of the UK’s professional cricket clubs.