Wed, 02 Jan 2013 | BUSINESS SALE
The owners of Isle of Wight football club, Newport FC, are hoping to persuade supermarket giant, Asda, to buy the club’s ground for the location of their planned new store on the island, and then use the money from the sale to relocate the club.
Asda has already submitted a planning application to build a store next to the club’s ground, St George’s Park, but owners, South Coast Leisure (SCL) have said that if the current plans are given the go ahead then it would be impossible for the club to stay at the site.
They have claimed that by buying the club’s home ground, Asda could build a bigger store and £1 million made from the sale would be able to cover the relocation of the club to a new facility.
The Newport Football Club Supporters' Trust have told the Isle of Wight County Times that they will make sure to protect the future of the club, whatever the outcome of the dealings between Asda and SCL, which bought the park from administrators in 2004.
“The recent proposal and speculation as to where the club will play in the future will become clear in time,” the Trust told the newspaper. “It is quite possible we could remain at St Georges Park, our home for a quarter of a century. If however we are forced into a move, the trust will ensure any decisions made will be with the future security of the club as a priority.”
This is a unique chance to purchase a well-established vineyard and winery set in the beautiful countryside of South East England. Please note that the deadline for expressions of interest is Friday May 9th at 4pm with a deadline for final offers Wed...
Opportunity to acquire a multi award-winning specialised construction company with expertise in cleaning, repair, and conservation of historic stonework and decorative surfaces. Offers are invited from serious buyers by close of business, 9 May 2025,...
A well-established London based consultancy with expertise in complex international environments is seeking immediate equity investment or a sale of the business and/or its assets. Interested parties are advised to express their interest by 5:00 p.m....
28
|
Apr
|
French group Egis buys U.K. engineering firm Omnia Projects | BUSINESS SALE
French group Egis has acquired Omnia Projects, a UK-based en...
28
|
Apr
|
IT group KubeNet snaps up Scottish peer ISN Solutions | BUSINESS SALE
Glasgow-based internet service provider and managed IT speci...
28
|
Apr
|
Montrose-based Crawford Architecture chooses employee ownership | BUSINESS SALE
Montrose-based Crawford Architecture has transitioned to emp...
29
|
Jun
|
Walgreens Boots Alliance ditches UK business sale | BUSINESS SALE
US pharmacy company, Walgreens Boots Alliance has ditched th...
19
|
Oct
|
EG Group’s £750m Asda forecourts acquisition collapses | BUSINESS NEWS
EG Group has announced that its planned £750 million a...
16
|
Jun
|
Competition watchdog approves sale of Asda petrol stations | DIVISION SALE
The UK competition regulator has accepted an offer from pros...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.