South Somerset District Council has confirmed that talks “remain open” with the owners of Yeovil Town on a deal to buy Huish Park and lease it back to the club.
The Gloverscast asked the council the following questions:
- Can SSDC confirm whether they have heard from the owners of Yeovil Town Football Club since the moratorium on the Asset of Community Value (ACV) expired on May 26?
- Is the council aware of a loan taken from Sport England, which the Gloverscast believes prevents the owner from selling land and the stadium before he pays the loan back?
In response, the council said: “We can confirm that talks remain open but they have not reached any conclusions and our team will take any issues raised by interested parties in to consideration.”
This follows the expiry of a moratorium which prevented the sale and leaseback of the stadium on May 26, when SSDC said the future of the deal rested with club chairman Scott Priestnall. See our article – here.
If anyone was wondering what an ACV was, you can read our attempt to explain it – here.