It’s pointless going over the whole stadium / hedge fund / rugby club saga again, but it’s clear that the Arena project developed into a nightmare, perhaps starting with how much it cost to clear and decontaminate the site. The football club’s poor fortunes on the pitch didn’t help, and I’m sure if we’d have been milking the Premier League money 15 or 20 years ago things would have been resolved much more easily.
It should be obvious that the Council isn’t a simple business that can do whatever it likes, but that it operates in a tangled web of political, financial, regulatory and legal considerations. God knows how many reports and meetings there were about this. CCFC suffered for years as collateral damage in the bitter struggle for control of the stadium asset, and we should all be very happy that it’s ours now, regardless of how it finally came about. Hopefully it’s being exploited far better by King than any of those previously in control of it, and to the benefit of CCFC which is fantastic.
Fair enough to anyone who can reduce it all down in their mind to “Fuck the Council”, but to me it will never be that simple, and it’s obvious that the club now needs to build a good relationship with them.