There has been plenty of questions rom Wakey fans regarding the funding of a new stadium at GH, Isn't it about time someone questioned the funding of a new stadium at NM on the back of the development of industrial units. I have worked in regeneration for some years and even in the boom period of the early to mid 2000s the value of industrial development has only ever been sufficient to provide the infrastructure required (roads, services etc) to fulfill the basic planning permission conditions.

In todays ecnomic climate I really cannot see a great demand for bespoke industrial units so at best Yorkcourt will have to build speculatively and that is a risk in itself never mind funding a stadium on the back of it to boot.

I understand that when Sir Rodney was asked at the PI where the funding was coming from to provide the stadium he suggested that £2m was coming from the council, £3-5m from the developer and the rest from the receipt for Belle Vue (do they actually still own it?) and bids to funding organisation such a Sport England(which have not yet been made). He further suggested that the £3-5m funding from the developer would be refunded if the other funding options proved more successful The man is either clearly deluded or he makes Richard Wright look like a novice in the spin doctor stakes (I think the latter). Perhaps one of our neighbours or IA from over the common can comment on where they think the funding is coming from because I just don’t get it.

Yes but that is without any grants whatsoever. There is high confidence that a large amount of funding can be sourced, but until there are concrete plans, i.e. full PP, applications cannot formally be made. But don't think for a minute talks with people in high places haven't already happened.

It makes perfect sense doesn't it?

Given Sir Rodder's track record of delivering stadia, I wouldn't be too worried that if the PI goes the right way and with YC's 106 agreement in place to fund the build as per the detail Clan has provided, that a significant amount of grant funding could be attracted to finish the job. I also have it on good authority that a very large organisation has taken an option for naming rights on the stadium if it materialises, so that will be another bonus.

All the jigsaw pieces are on the table - just need Fat Eric to give us the nod and they can begin to be put together.

Alternatively, LCC will win the day and WTW will go down the ter.

Something to clutch at on them dark nights Alfie!

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Thanks!

The council did NOT fund the LSV , It was grants and private investment , the council agreed to underwrite the project , but didn't need to contribute any cash