CTWD nominate the KC Stadium to be an Asset of Community Value

December 14, 2014

What’s the link between the world-famous Old Trafford and Leamington FC’s somewhat lesser-known New Windmill Ground? And how might the KC Stadium be joining them?

Well, the supporters’ trusts for Manchester United and Leamington have successfully nominated their stadia to be listed as Assets of Community Value under the Localism Act 2010. Around thirty stadia up and down the country have been thus listed, the most recent being Newcastle’s St James’ Park in October. CTWD nominated the KC Stadium to be an ACV in November.  This first submission was rejected by Hull City Council but we have resubmitted it and hope that the new nomination will be successful.  A decision will be made by 13 February, although we are hoping for an earlier resolution.

At present, the practical benefits of a listing are limited. The listing, which is for five years, includes a right to bid should the stadium be put up for sale. A right to bid can be lodged by a community interest group within six weeks, with finance secured in a period of up to four-and-a-half months.

This means that the KC Stadium could not be sold without the local community being told about it, and them being given the opportunity to bid for it themselves.

With the KC being owned by the Council this may be an unlikely scenario, so the stadium becoming an Asset of Community Value is at present mainly symbolic. But in any discussion over the stadium’s future, the ACV listing serves as a timely reminder that the fans – as much as, if not more than, the owners and leaseholders – have a vested interest in the KC.

To view the application click on the link below:

CTWD ACV application for the KC Stadium No 2