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Notice of Application for Asset of Community Value (ACV) RE: Banks's Stadium Site.

Tuesday 27th March 2018

This statement has been released as notification that Walsall Supporters Society Limited, trading as Walsall Football Supporters Trust has made an application to Walsall Metropolitan Borough Council for an Asset of Community Value to be placed on the land upon which the Banks’s Stadium (and everything within the boundaries of the site) stands, as we believe the site to be of importance to the community’s social well-being and/or social interest (cultural, recreational and/or sporting).

Should the application be successful, the asset will be listed by WMBC as an Asset of Community Value and should it come up for sale on the open market, the ACV will ensure that the community (or groups within that community) is given a fair chance to make a bid in order to purchase the asset for the benefit of the community and for the future of Walsall Football Club.

For the avoidance of doubt, a successful application will only help to ‘improve’ the chances of the asset being purchased by the community and does not guarantee that the owner(s) ‘will’ agree sell to the community.

The Trust Board feel that this is in the best interests of Walsall Football Club Limited, supporters of the club, the local community for which the club serves and employees of the club alike.

A further statement will be released once we have received confirmation from WMBC regarding the outcome of the application.

 

 
 

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Walsall Football Supporters' Trust is the trading name of Walsall Supporters Society Limited which is registered in England and Wales as a Co-operative and Community Benefit Society (Registration No. IP30010R) and regulated by (with the guidance of Supporters Direct) the Financial Conduct Authority.

 

 

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