- Jan 18, 2015
- Reaction score
- East Staffs.
- Yeovil Town
Didn’t read the article but our council own the ground and I’m glad they do as if you’ve got a rogue owner like us you will at least keep that asset when the shit hits the fan.
The downside is obviously it won’t get much redevelopment to push on as a club (and might put off potential investors) but I reckon in these times it’s better to have that fail safe than not.
The overwhelming reaction from our fans is that this is a bad move and that the council will look to sell the land for housing. They are well behind on their new housing quota and the stadium and surrounding land are on the edge of what has turned into a sprawling village from being just a housing estate 30 years ago.
I don't pretend to know the ins and outs of this, as most of us don't, and Like a Glove has summed it up very succinctly. The piece that does really concern me though is that the sale would mean the removal of the ACV. Under those terms our supporters trust had the right to bid and 6 months to make a formal offer. Our Chairman has said the club cannot wait six months to complete a deal with South Somerset district Council given our current financial position. Having said that he's spoken to the Chairman of the supporters trust who seems to be ok with it.