Leeds are funding the South Stand out of their own cash.

The details of the RL North Stand/football stand arrangement has not been fully revealed at the moment. However it appears to be being financed by a PFI-esque arrangement, whereby Yorkshire and Leeds have a stand built for them (on their land) by a third party investment house. The third party then rents this building to the landowners (Leeds and YCCC) for a period of decades.

Not sure Leeds were too fussed about this structure but a way had to be found to keep the debt off YCCC's books which is what this achieves.

The involvement of Leeds City Council is unclear - it looks pretty likely that they have provided some guarantees and may have introduced the third party as it's similar to how PFI worked in terms of keeping debts off the books. But it's very unlikely they will be stumping up any cash.

How much do you think Wigan council tax payers payed towards the lsv stadium?

We don't actually share , Man Utd ( and formerly Blackburn Rovers reserves ) reserves rent the LSV

They were not originally any part of the deal to build it , Leigh RMI ( formerly Horwich RMI who's shareholders had bought Hilton Park ) were the partner tenants at the beginning

And also for your information Wigan council didn't put any money into the building of the LSV , it was all funded by private investment and grant funding , the council provided the land , which had already been earmarked for private development

HTH

For the umpteenth time this thread.... Wakey are [sizeNOT[/size asking the council for money.

The land was taken out of greenbelt under the condition that a new stadium would be constructed on the site, after a certain amount of warehousing was occupied.

Once the land was out of greenbelt, the developers submitted a further planning application without the stadium, that the council then approved.

We want:
1) To know why the council saw fit to sidestep the ruling of the secretary of state and allow the developer to circumvent the original plan

2) Them to enforce their own damn planning laws.

If Wigan council didn't put any money into the stadium, they must be some of the best negotiators around, as they now own the stadium. Perhaps they should lead the brexit negotiations.

Genuine question, who did you get a grant from?

They don't actually own it , they underwrote the project initially and oversee the running of it via a trust and a stadium management co ( Im not 100% sure on the trust part , others will know more ) but they do own the land

It is/was all quite complicated with several grants and money from Greenbank development company

You have to remember we are talking about the whole site here , not just the stadium

Edit

Yes it seems they do own it , but they didn't provide any construction costs for the stadium

I am not a troll, do not have a deep hatred of Wakefield or have an axe to grind, but I'd like a grounded Wakefield fan i.e. not Vastman to answer the following questions in an impartial manner without looking at my username and thinking this is an attack on the club from a rival. I'd like educating please (there's a first for a Cas fan sw.co.uk/news/974-wakefield-s-be ... -new-owner