Monday 18 July 2016

GULLS IN TAKEOVER DELAY

Whilst Kevin Nicholson has set about building a competitive Torquay United squad ahead of the 2016-17 season, the takeover of the Gulls by Swindon-based firm Gaming International remains unresolved.

Chairman Dave Phillips had hoped to make a definitive announcement at last week's club AGM but was unable to do so, and expressed his frustration at not being able to.

One piece of information that did emerge from the meeting was that GI had loaned the club a five figure sum to United to cover their running costs during the close season.

It had been announced that a Memorandum of Understanding had been agreed between both parties on 30 March, 2016.

Gaming International currently operate Speedway and Greyhound stadiums in Swindon and Poole, and a new home for the Gulls is believed to be part of the plans once the deal has been finalised.

One possibility as to what could be holding up the process is any negotiations with Torbay Council over a potential move away from Plainmoor, with a site at Nightingale Park in Barton widely being seen as a future home for United.

However, as a former site of the town's former rubbish dump the land being earmarked for usage by the council for the Gulls would need to be decontaminated before any building work could commence.

And then there is the question of what would happen to Plainmoor and the Swimming Pool and Bowling Club, which both serve as amenities to the local community.

Nevertheless, if the council wished to build new houses on the site of Plainmoor they would need to seek the permission of the Cary Estate, who possess a convenant on the ground which states that it can only be used for recreational purposes. The Gulls required the blessing of the Estate when they wished to construct Bristow's Bench in 2011.

The ground has also been listed as an 'Asset of Community Value' by the club's Supporters Trust - TUST - meaning that if Plainmoor becomes available for sale a community group has six months to submit their own bid for the ground.

It is hoped that some new information will emerge at the end of the month, when the period of exclusivity ends and hopefully the fans might have a firm answer from all parties.

Whilst having a new ground has helped clubs such as Burton Albion, Morecambe and Shrewsbury Town progress in recent years, through ancillary funds raised from commercial activities, there is always the tale of Coventry City and Ricoh Arena to be observed with caution.

Since it was opened in 2005, the Ricoh Arena has played host to Coventry City, Olympic football during London 2012 and Wasps RFC amongst others.

For a brief time in 2013, the Sky Blues were forced to share Northampton's Sixfields Stadium for over a year due to a rent dispute with the stadium owners.

The Gulls faithful will be hoping for the former, rather than the latter, should the deal be completed.