UK time is: 04:47:25
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

The Potters buy the Brit

Stoke City have announced that they have finally completed the outright purchase of the Britannia Stadium in a 6m deal.

The stadium has been owned, since it was built in 1997, by a consortium consisting of the club, Stoke-on-Trent City Council and St. Modwen who have developed the land around the Brit which was formerly the site of Hem Heath Colliery.

The clubs' previous Icelandic owners had tried to buy out the other shareholders before, but the deal had not come to anything. When Peter Coates bought the club last year, he stated that one of his aims was for the club to take full control of the stadium.

This deal should bring some stability to the club in the long term as it provides a good financial asset and the club will be able to invest in the stadium knowing that it will get all the subsequent proceeds. In the past it had to share all the profits from the stadium operation - hospitality, catering and functions etc - with the other two shareholders.

The club has already hinted that it has grand plans to rejuvenate and modernise areas of the ground, which will include improved parking facilities within the land that the club now owns. How that can (or will) improve the lot of those who park on the South Car Park remains to be seen as that land is leased from St. Modwen and therefore not included in today's announcement.

The purchase of the Stadium is the second land deal to be completed recently. The club have already bought the training ground at the Michelin Sports Centre and have plans to build permanent buildings to provide changing rooms, gym and offices for use by the first team right down to the Academy.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Chris Baldwin Mail feedback, articles or suggestions

Date:Friday December 21 2007

Time: 5:48PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Stoke City Articles

Millwall loan deal for Wilkinson (Monday October 20 2014)

Butland joins Derby on loan (Monday October 20 2014)

Stats: Stoke City v Swansea City (Monday October 20 2014)

Moses set to be fit for Swansea (Wednesday October 15 2014)

Archived Stoke City Articles

List All Vital Stoke Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. lloyd_17 8

League Results (view all)

Latest Results
Stoke 2 - 1 Swansea
Sunderland 3 - 1 Stoke
Stoke 1 - 0 Newcastle
Q.P.R. 2 - 2 Stoke
Stoke 0 - 1 Leicester City
Man City 0 - 1 Stoke

League Table (view table)

Team P W D L GD Pts
7. Arsenal 8 2 5 1 2 11
8. Swansea 8 3 2 3 1 11
9. Spurs 8 3 2 3 -1 11
10. Stoke 8 3 2 3 -1 11
11. Hull City 8 2 4 2 0 10
12. Aston Villa 8 3 1 4 -8 10
13. Everton 8 2 3 3 0 9

Breaking League News

Not Long For de Jong
Newcastle : 20/10/2014 22:20:00
WBA : 20/10/2014 21:51:00
Rate The Players: Stoke City 2-1 Swansea City
Swansea : 20/10/2014 21:09:00
West Brom v United - Team Sheets
Man Utd : 20/10/2014 19:04:00
A Look Back to A Saintly Beginning
Southampton : 20/10/2014 18:37:00

Current Site Poll (view all polls)

MOTM vs Swansea
Suggested By:  
Begovic 0%
Bardsley 0%
Shawcross 0%
Wilson 0%
Pieters 0%
Adam 75%
N'Zonzi 0%
Moses 0%
Ireland 0%
Diouf 0%
Crouch 0%
Cameron 25%
Walters 0%
Assaidi 0%