StockMarketWire.com - Goals Soccer Centres confirmed media reports that suggested two former executives had formed part of the current investigations into fraudulent activity. 'The company can confirm that actions undertaken by Mr Gow and Mr Rogers while employees and directors of the Company form part of the current investigations of the company into the mis-statement of historic financial statements,' Goals Soccer Centres said.

While no finalised conclusions gad yet been reached, the company had stated in August that it was 'clear inappropriate actions have taken place.'

'Once the Company has concluded its findings the Directors, alongside its advisors, will take appropriate action and liaise with the appropriate authorities,' it added.

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