Alistair20000
Very well known Exeweb poster
There’s neither the will nor the expertise at the Club to buy the freehold - after all we‘ve been trying to renew the lease without success for at least the last eight years. We’ve got 4 years left on the existing lease but what is currently being done about it?
I believe there is merit in buying the freehold of the St. James’ Centre – it’s certainly available at around £800k. This would give a secure hold on the centre of the whole site as the deal would include Red Square and even part of Stadium Way. In combination with the Fountains Centre and car park, which is already effectively in Club ownership, this would put together a decent enabling site which could finance a major stadium upgrade.
Absolutely spot on. Why is this not being pursued ?Agree with all of that but there is an easy solution and one which I know to be agreeable to those in political power is for the Trust to buy the freehold with an agreed covenant requiring the land to be held for sporting purposes only. Solves both issues.