Leamington FC’s potential relocation would include the creation of a 5,000 capacity stadium, The Courier can reveal.
At Brakes’ home game against Hednesford Town tomorrow (Saturday) fans will be handed a leaflet outlining and asking for feedback on a deal in principle - with Warwick District Council which would form part of the authority’s wider Local Plan for housing.
Should the council be able to make the proposed site - on three hectares of land near Myton School and Europa Way in Warwick - available then an agreement between the football club and the authority could be struck. This would include the club being leased the site free of charge and on a peppercorn rent for 150 years and a ‘community stadium’ being built there, funded by grants and developers.
Leamington chairman Jim Scott said: “The board of directors believe this is an exceptional opportunity to work in collaboration with the council to secure the long term future of Leamington FC, plus create a quality facility within a ‘sports and community hub’ that would serve aspirations, provide opportunity for the young and act as a focal point for community activity that would benefit health, education, fitness and well-being for residents.
“From the club’s perspective a new stadium would enable us to meet the standards required by higher leagues, put us on a better financial footing, provide better public access, forge even stronger links and further develop activity within the community and importantly provide appropriate facilities for the broad spectrum of community and development teams within the club.”
The club would have sole ownership and responsibility for the site, stadium and facilities and sole responsibility for administrative and financial management.
All revenue created by the stadium would go to the club.
An extraordinary general meeting will take place at the club’s New Windmill Ground on Sunday December 21 at 11am to discuss the relocation.
The directors will seek shareholder approval for any potential future sale of the New Windmill and realising its ‘net asset’ value, which is £390,000,
As part of the agreement with the council, no decision to sell the New Windmill Ground could be made until the net asset value recovery is in place and the new stadium is fully operational.
For more information visit www.leamingtonfc.co.uk