Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Braintree Football Club offers local council deficit lifeline

Mon 13th Sep 2010 | Money & Finance

Cash-strapped Braintree Council is set to ditch a plan that would make it millions of pounds and give the town's football club a new ground.

Braintree Town Football Club have launched a renewed bid this week to relocate the club to Pod's Brook Road. The sale of the Football Club's Cressing Road site would be expected generate millions of pounds for Braintree Council - through its part ownership of the existing nine acre site

The Council, who has a budget deficit of £5m supports the relocation of the Football Club in its Core Strategy, but had previously preferred a new ground at Panfield Lane over Pod's Brook Road.

However, the Council's preferred developers - Mersea Homes and Hills Group - have proposed that plans for the provision of a new ground at Panfield Lane be dropped. That proposal leaves the Club, currently second in their league and chasing a second promotion in five years, without the prospect of the improved ground they will need if they are promoted this season.

Football Club Chairman Lee Harding said: "I believe relocating the Club to Pod's Brook Road is a win-win situation for the residents of Braintree, as well as the Football Club.

“ We've given our Council hundreds of thousands of pounds over the past three years and the sale of Cressing Road would pay for both our new stadium and generate millions for the Council - more than enough revenue to fill their budget shortfall. I think we are giving our Council a golden opportunity to generate all the money they need to save over the next four years whilst, at the same time, helping a growing, successful Braintree organisation realise its full potential!

Lee continued, “The bottom line is that Braintree people can avoid having their services slashed, further rises in Council tax, we get our new stadium and it may even help staff at Causeway House keep their jobs! To do anything else would be a spectacular own-goal from an authority that needs money, and quickly, to avoid reducing the quality of its services."




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

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Shrewsbury Town’s Safe Standing Crowdfunding Campaign Success

Tue 17th Oct 2017 | Money & Finance

In an historic achievement, Shrewsbury Town Football Club are one step closer to being the first club in England and Wales to introduce safe standing at their Montgomery Waters Meadow stadium,...

Average Premier League Ticket Costs £32

Fri 13th Oct 2017 | Money & Finance

The average price of watching a Premier League match costs £32 according to research released today. The Premier League, working with professional services company EY, has conducted in-depth...

FC Barcelona to become world’s top earning sports club

Thu 12th Oct 2017 | Money & Finance

FC Barcelona announced on Wednesday the financial reports that it will present at the Club’s Ordinary General Assembly on 21 October, when it will share the annual report with member delegates...

Premier League clubs must sell over 2 million tickets to earn back total transfer spend this season

Thu 5th Oct 2017 | Money & Finance

Each year, the summer transfer window is the most highly awaited time of year for football fans, and clubs alike. It's an opportunity to sign top-quality players to heighten the club's chances of...