To review current arrangements for the standalone stadium management and development business (Kirklees Stadium Development Limited or KSDL) that manages the stadium for the benefit of the two professional sports clubs and the community.
To consider future options, opportunities and risks for the management of Kirklees Stadium.
To consider options in the context of the following objectives; meeting stadium operational investment requirements over the next 25 years, a future operational model that is financially sustainable, a demonstrable recognition of the community aspects of the stadium, and opportunities for positive ongoing contribution to regeneration
Cabinet will be asked to endorse a future operating model that is considered most suitable to delivering the above objectives, including redeemable investment in the stadium to ensure its ongoing viability, and to also consider an opportunity for the strategic acquisition of a land asset.
Decision type: Key
Reason Key: Expenditure>£500,000 and affects2 or more wards;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 11/02/2021
Anticipated restriction: Part exempt - View reasons
Decision due: 16 Mar 2021 by Cabinet
Lead member: Portfolio Holder for Finance & Regeneration, Portfolio Holder for Corporate
Lead director: David Shepherd
Department: Corporate
Contact: Eamonn Croston, Service Director for Finance and Section 151 Officer 01484 21000 Email: eamonn.croston@kirklees.gov.uk.
Consultation process
Appropriate engagement with KSDL and Council Portfolio Leads
Consultees
KSDL Board and Cllrs McBride and Turner
Members/Officers Involved: David Shepherd - Strategic Director, Growth & Regeneration, Angela Blake - Service Director Economy & Skills, Eamonn Croston - Service Director Finance, Martin Dearnley - Head of Risk, Cllr Peter McBride, Cllr Graham Turner