Controversial Sale of Home Park Agreed by Argyle
Plymouth Evening Herald, The › April 02, 2010
Linked as:
Summary
PLYMOUTH Argyle shareholders have voted to sell Home Park to a newly formed property company for Pounds 7.5 million in a deal which has raised concerns with some fans.
It means the football team will become a 'priority' tenant of the new company, a wholly owned subsidiary of Argyle's holding company, and pay it a 'market rent'.See the full content of this document
Extract
Controversial Sale of Home Park Agreed by Argyle
But Argyle directors insist the deal is a good one for the team and will enable the board to secure investment to turn Home Park into a 46,000-seater World Cup venue with a surrounding leisure complex.
Full details of the arrangement have yet to be revealed, but chai...See the full content of this document
Sponsored links
