Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
Buy the stadium back 12:06 - May 3 with 4950 viewshunty21

It has been a long time since the dire days of selling the stadium to the council are we in a position to now buy the stadium back or is it just financially not worth it at the moment ?
-2
Buy the stadium back on 08:41 - May 4 with 672 viewsChurchman

Buy the stadium back on 14:27 - May 3 by bournemouthblue

Fairly sure that is the case, it's had football and I think Cricket on it in the earlier years?


It did. Early photos of the team I think are taken in front of the old cricket pavilion which stood close to the corner of North Stand and West Stand (pioneer, Magnus, Co-op gawd knows what it’s called this week).

I think rugby was played on it too.
0
Buy the stadium back on 09:01 - May 4 with 628 viewsArnieM

To my knowledge Toen have never owned PR. The council is very unlikely to sell it to the Club!

Poll: Would this current Town team beat the current narwich team

0
Buy the stadium back on 09:03 - May 4 with 622 viewsPhilTWTD

Buy the stadium back on 14:19 - May 3 by GeoffSentence

you mean it's status as an asset of community value?

I have a feeling that has expired.


That has, but there's a covenent on it that it can't be used for anything other than sporting purposes.
0
Buy the stadium back on 09:08 - May 4 with 609 viewsNthQldITFC

Buy the stadium back on 08:32 - May 4 by GeoffSentence

which Paul are you not including?


Paul ittlebudgie?

(his shirt is all tattered and torn)

⚔ Long live the Duke of Punuar ⚔
Poll: What Olympic sport/group are you most 'into'?

0
Buy the stadium back on 09:21 - May 4 with 597 viewsBloomBlue

Buy the stadium back on 13:04 - May 3 by HighgateBlue

I agree that the present situation is the best one for the Club, as the freehold being owned by the Council protects us from any future unscrupulous owner mortgaging the freehold to the hilt.

As long as the Council and the Club want it to be a football ground, it will be. But.... if the Council decided it wanted to redevelop the ground, and build something else there, it could do, at the end of the current contractual term of the lease. The mere fact that the stands are attached to the land does not prevent the Council from terminating the lease in accordance with the Landlord and Tenant Act 1954.

I'm not saying it's likely. But this business about the Club "owning" the stadium isn't quite accurate as a matter of land law. The stadium is part of the land, having been fixed to it. The land over which the Club has a lease includes the stadium. The extent to which the Club is compelled, or entitled, to remove the stadium at the end of the lease will be governed by the terms of the lease, and the terms of any licence to alter which may have been granted in the past.


But any new owner could sell the stands on ebay. "For sale 4 stands made of steel and cement, limited footfall until Jan 2023, total capacity unknown'
0
Buy the stadium back on 09:32 - May 4 with 584 viewsblueoxford

I can assure you that, living in Oxford, ownership of the land on which the stadium sits, is best left with the Council. Oxford United are still paying the price from Kassam taking control of the land at the old Manor Ground
0
Buy the stadium back on 09:38 - May 4 with 579 viewsPhilTWTD

Buy the stadium back on 12:13 - May 3 by Herbivore

We own the stadium, the council owns the land and always has done. Not sure there's much benefit to us owning the land, there's an argument it makes us vulnerable to less scrupulous owners.


I asked Mark Ashton whether there were any plans to buy the land and he said not, other than perhaps the practice pitch.


Ashton: We're Working on Development Master Plan With Local Authority 28th Mar 2023 11:43
CEO Mark Ashton says Town will be working on a masterplan for the long-term development of the area around Portman Road with the council and other stakeholders, while the new turnstiles behind the Sir Alf Ramsey Stand are set to open at the Wycombe match on Good Friday and the former Staples and Better Gym building will be demolished in the next few weeks. 26

0




About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© TWTD 1995-2025