London Marathon Events (LME) said it will take over the running of the Brighton Marathon. LME has acquired the event after Grounded Events Company Limited, the former owners and operators of the Brighton Marathon, went into administration.
Phil Harris and Chris Stevens from specialist business advisory firm FRP were appointed as joint administrators to Grounded Events Company Limited on 16 December and immediately completed the sale of the business and assets to LME.
Following discussions between LME, FRP and Brighton and Hove City Council, agreement was reached by the Council and LME for a licence to operate the event for the next five years (2023 – 2027) with the option to break the licence in 2025 if specified metrics are not met.
LME event director Hugh Brasher (pictured) said, “We are delighted that London Marathon Events has reached agreement with Brighton and Hove City Council and the joint administrators of Grounded Events Company Limited, which means the Brighton Marathon will be saved.
“We want to reassure all runners and charities that LME will honour all the places purchased by individuals and charities and allow them to be used in the 2023 Brighton Marathon and enable them to take part on Sunday 2 April.
“We will reopen entries for the 2023 Brighton Marathon this week so there will be another opportunity for people to take part next April. There will be further announcements in due course about the other events scheduled for the Brighton Marathon Weekend.”
Co-chair of the council’s Tourism, Equalities, Communities and Culture Committee, councillor Martin Osborne said, “The Brighton Marathon has a national and international reputation and I’m delighted that we’ve been able to help recover this event.
“London Marathon Events has experience of running one of the world’s biggest marathons and we look forward to having them bring their expertise to our city.”