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.

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