Probably just middle men, taking a loan out themselves on behalf of the club.

Great news, first step towards a fit for purpose stadium.

Great news I think!!

club now needs to announce what the pans are !


the work must start at a Min AT the END OF THIS SEASON

I’ll reserve my final judgement but on the face of it I’m not particularly elated!

Unlike many I’m not impressed by the owners performance throughout this debacle and now we’ve abandoned the fight for what was promised which included the provision of multiple sporting facilities for the Wakefield public.

I’ll wait for more detail but it looks like we are now in debt to the council to the tune of £3.5 million with no funds for redevelopment. York Court seem to have walked away without paying a penny, I hope that’s not the case and that some future announcement is coming detailing them fully funding a completely new stadium and not just a wash and brush up.

Sorry to poop at the party

Marvelous what councils can do when local elections are imminent.

Glad we are doing something now, rather than waiting then getting kicked out of SL. Times not on our side and we’d be waiting forever to get what we were promised by York Court.

Give me belle view any day with all its wonderful memories and atmosphere over a souless stadium
I trust Carter and company to deliver us a stadium which will be fit for purpose over the coming years.
The first part of the jigsaw has fallen into place, the ground will be back in our hands soon .
Now is not the time to moan and be negative even before we fully know what’s happening
Carter and co need our support now more than ever as we embark on a new era at belle view , one that hopefully we will be in control of for the first time in years .

Some take a perverse pleasure in being negative. If Phil Townsend can identify positives in this news that will do for me.
He is obviously more knowledgeable about the situation than the holier than thou doom mongers.

Forget Newmarket and a shiny new stadium, it ain’t happening. The damage is already done.

It’s been years since the start of Newmarket and we’ve gone backwards since. Yes we were promised a community stadium for greenbelt land but due to the council and whoever else involved with the lateral agreement or whatever it was it’s no longer possible. IMHO Yorcourt have played a blinder, I don’t think they’ve legally done anything wrong, it’s the people involved at the time who need stringing up.

Move on and accept we are getting a phased Belle Vue development

Indeed, it was MC himself that proposed this type of loan some while ago.
This is definitely tangible progress and we just have to hope thet it is the first step along the way to having a community stadium that FINALLY the City and Trinity can be proud of.

If this is just to buy the land then it’s a good deal for 88M, thats about it. Where is the development money going to come from? And please don’t say Yorkcourt as that ain’t going to happen! Think we need to see more flesh on the bones of this announcement.

Still i suppose it’s good news that we are now back to where we were 11 years ago when Ted flogged the ground before the funds dried up.

Of which there seems to be a few of them already.

Great result if true, but what assets are you putting forwards to take out a loan of £3.5 million? If The Old Girls and the surrounding land is worth that then I apologise in advance.

88M have their heads screwed on! Buy the whole shebang for a song, get planning permission for housing, retail and leisure, site now worth three million! Its folk like this that messed with the money markets a bit since that caused a bit of a kerfuffle!

IMO it's great news we're to stay at BV. Never wanted NM, which to me would have been long term disaster for the club.
Let the council chase up YC, as they have indicated, for community facilities, we can now go ahead and concentrate on improving.
Unlike others on here, I see this as a massive positive and fully trust MC and Co in what they are doing. They have a bit of experience don't they?
As for the present owner of BV ? Can't type it here!
Let's just get the ground back where it belongs!