FRP rescues Brighton Marathon out of administration

FRP Advisory has secured Brighton Marathon’s future as Grounded Events Company Limited, the former owners and operators of the Brighton Marathon, has been acquired out of administration by London Marathon Events (LME). 

The outcome follows FRP’s joint administrators Phil Harris and Chris Stevens’ appointments on Friday 16 December 2022. Harris and Stevens, who are based in the firm’s Brighton office, “immediately” completed the sale of the business and assets to LME.

The deal has saved a number of jobs and secured the future of the Brighton Marathon for the next five years, as an agreement has been reached between Brighton and Hove City Council and LME for a licence to operate the event between 2023 and 2027.

As part of the deal, LME will also honour the places purchased by individuals and charities and enable these to be used in the 2023 Brighton Marathon.

Harris said: “The Brighton Marathon weekend is a major fixture in the city’s sporting, economic and cultural calendar. This deal provides a future for the Brighton Marathon with a globally recognised mass participation events organiser. We wish the team all the best in the future.”

Hugh Brasher, event director at London Marathon Events, added: “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 2023.”

He added: “The Brighton Marathon is a fantastic event in a stunning setting. We look forward to working with Brighton and Hove City Council and the community to grow the event over the coming years.”