Quote: dboy "I think I'm right in saying that's the first time anyone has said that.
Are you mixing up with the SportEngland covenant that says sports grounds can't be sold for e.g. housing/development, unless the purchaser replaces that sports facility provision?
Trinity (Elllis), owns the freehold of the land, as well as the structures on it.'"
I've done quite a bit of digging this morning and come up with this.
The club which were run by mc and jm at the time bought the freehold to bv including the car park for 3.1 million with the help of the council who loaned us the money. The loan was not paid back as the stand is just finished so Ellis took control of all of the freehold and all that goes with it.
However even if he owns the ground he can only sell with the councils permission as a covenant on the deeds stipulate that. Also he could only sell it to someone who will continue to use it as a sports stadium, sport England can also prevent a sale unless another facility is built nearby. The stadium is safe and he could only sell to someone who would continue to operate the club.
The car park could technically be built on but only if it is some benefit to the club.
I think Ellis as great plans for our club and we're in safe hands