Quote: Dbvada "I have been told that the Board were aiming to buy the stadium with investment raised by a pre agreement to develop the Skircoat Road side.
In effect they were proposing to pre-sell the land on that side of the ground, for a hotel and flats, and using that money to buy it from the council. The football club would become tenants as they did not wish to participate as shareholders in the purchasing/owning company.
An interesting approach, but I don’t know why it’s not progressed.
I will add that there are also proposed pending significant changes amongst the BOD as one is seeking total control.
Perhaps one is linked to the other?'"
Very interesting thanks.
So the funding wasn’t coming from what was already in someone’s pockets and in effect wasn’t a bid but a proposal that didn’t come to fruition at the time.
At least it wasn’t all down to some failure on the rugby clubs side of things and that they are trying to address the challenges associated with being at the Shay.
With the football club not being on board I’m surprised with their relationship with Fax that they and their fan base didn’t kick off big time about it as in the past.