Wrexham City FC sell Racecourse Stadium
Fri 5th Aug 2011 | Football Stadiums & Facilities
Wrexham City Football Club yesterday announced that Glyndwr University has signed an agreement to purchase the Racecourse Stadium and Colliers Park Training Ground.
The deal is subject to completion and contract under the financial terms agreed by both parties.
Professor Michael Scott, Vice Chancellor and Chief Executive of Glyndwr University said:
"This purchase has been made to secure the future of the stadium and the training ground for Wrexham and north east Wales as a sports venue.
"It is the University's intention that by securing both facilities, Wrexham football club will be able to continue to use the facilities and that the same might also apply for the Crusaders Rugby League.
"In addition the University's intention is that the two acquisitions will be used by the University's students, for sports provision, and by the people of Wrexham and north east Wales.
"The purchase is made in the context of the University's continued development of higher education programmes related to sport, for the benefit of students and the wider community."
Wrexham Supporters’ Trust chief executive Richard Green said: "This is one of the important steps to football continuing at the Racecourse.
"We shall now be entering into detailed discussions with the university about arrangements for the football club to continue to go forward at the ground.
"Very soon afterwards, we will be able to put finalised proposals to the trust membership."
---------------------------------------------------------------------------------------------------
SUBSCRIBE TO THE F.C. BUSINESS RSS FEED
If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk
Google
Yahoo
Live
del.icio
DiggRelated Articles
Synthetic Turf Top Of the Agenda For Football League
Fri 18th May 2012 | Football Stadiums & Facilities
The European Synthetic Turf Organisation (ESTO) has pledged its commitment to profiling the benefits of synthetic turf in sport, as it champions a positive decision in advance of the Football...
Southgate Calls For Investment In Grassroots Facilities
Thu 17th May 2012 | Football Stadiums & Facilities
Gareth Southgate, Head of Elite Development at The FA, believes investment into the country’s grassroots football facilities is crucial to the technical development of the next crop of English...
Lincoln City Offer Fans Chance to Rename Stadium
Thu 17th May 2012 | Football Stadiums & Facilities
Lincoln City will offer fans the chance to rename the club’s Sincil Bank Stadium in a unique competition aimed at raising finaces to boost the club’s playing squad. The club’s Board...
QPR Reveal Plans For New Training Ground
Tue 15th May 2012 | Football Stadiums & Facilities
Following a dramatic final game of the season in which they secured their Premier League status at Manchester City’s Etihad Stadium, Queens Park Rangers have announced details of a new...
