No more land options for Moss Lane.
The Board of Altrincham Football Club today confirmed that all discussions in respect of a land option deal with a preferred residential developer have been terminated.
The club had an agreement with a developer giving a first right of purchase of the Moss Lane ground if Altrincham were ever to move, which expired in late summer last year. Since then negotiations have been taking place to find a successor, solely due to the financial plight of the club. These discussions have also involved Trafford Borough Council as freeholders of the Moss Lane ground and extensive talks have taken place over the last six months.
It has become apparent to the club directors since Christmas that these talks were not leading to an acceptable solution for Altrincham Football Club. Given that it was always the Directors' intention to avoid moving from Moss Lane if at all possible the Board has unanimously agreed not to take any discussions further.
The consequence is that, although there will now be no third party influence on an enforced move from Moss Lane, it does leave the club severely vulnerable to any actions to recover historic debts.
As a significant gesture, Mr Geoff Goodwin, the Chairman f Altrincham Football Club has agreed to sponsor the first team shirts for the remainder of this season and throughout 2003/2004. This involves a significant investment by Geoff Goodwin and the Board are very grateful for his contribution.
For further information relating to this press release, please do not hesitate to contact Graham Heathcote on: - 0161-928-1045.