Statement - RE: ACV Application Granted
Monday 7th May 2018
The Trust Board
are pleased to announce that our application to get
the land on which the Banks's Stadium stands
(including its associated car parks, The Saddlers
Club, artificial playing pitch and the stadium
facilities) listed as an Asset of Community Value
(ACV) has been granted by Walsall Metropolitan
Borough Council as of (and including) Wednesday 2nd
May 2018. Please Note: The ACV DOES NOT
include the Midpoint LED advertising screens.
The ACV has been
granted as the current (actual) use of the land and
its facilities further the social wellbeing and
interest (Cultural, Recreational and/or Sporting) of
the local community, and it is realistic to think
that it will continue to be a use which furthers
social wellbeing and interest (Cultural,
Recreational and/or Sporting) to the community for
the next five years, which is the period for which
the initial listing applies.
The ACV listing
Restrict in any way who the owner(s) of
a listed asset can sell their property
to or at what price.
Confer a right of 'first refusal' to
community interest groups.
any restrictions on what the owner(s)
can do with the property once listed,
whilst it remains in their ownership.
listing does mean that:-
the asset comes up for sale, community
interest groups will be given fair
chance to make a bid to buy the property
on the open market.
Provide an interim period in which
community interest groups can express a
written intention to bid to buy the
asset on the open market.
Board feel that the listing of the Banks's
Stadium (including the facilities noted
above) is in the best interests of the
future of Walsall Football Club, employees
of the club, the supporters, and the local
community in general.
details can be found at