Terras To Sell Stadium

Weymouth Football Club have announced plans to enter into a deal that could see the club move into a new stadium.  The Blue Square Premier outfit will ask shareholders to approve a deal with Wessex Delivery Partnership. Under the terms of the deal, the club will continue to play their games at the Wessex Stadium until the new venue is built to Football League standards.

Weymouth Football Club have announced plans to enter into a deal that could see the club move into a new stadium.  The Blue Square Premier outfit will ask shareholders to approve a deal with Wessex Delivery Partnership. Under the terms of the deal, the club will continue to play their games at the Wessex Stadium until the new venue is built to Football League standards. The Wessex Delivery Partnership will only be able to call on the option to build on the site when they have consent on a new stadium for the club.  Chairman Malcolm Curtis will continue to fund the club for the time being, but has made no secret of his desire to sell. The deal should ease the problems of the cash strapped club for the time being.  Curtis himself owns the land around the stadium, having sold it to his own holding company for £500,000.  It is believed that a price for the stadium has been agreed at £100,000, making the whole site worth £600,000. When Asda wanted to build on the site three years ago, the price quoted was £11.5m, but it will now be used for housing development.  Curtis is a director of Synergy Housing Group, one of the largest social housing groups in Wessex.