Reply To: Glebe Road site

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#262357
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Registered On: April 9, 2023
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How will this all unravel?

1) 25/01/23 – https://www.scunthorpe-united.co.uk/news/2023/january/club-statement/ (“Mr Hilton said: “I’m pleased to say the takeover has now been completed, and the deal includes the football club, stadium and surrounding land.”).

2) 07/04/23 – https://www.youtube.com/watch?v=AmPr9RIiKyA (Hilton confident a deal for GP and surrounding land will be done).

I would be highly surprised if Peter Swann had sold his shareholding in Scunthorpe United FC without there being a clause within the sale agreement stating that Hilton must either purchase the freehold (stadium, land and naming rights) or at the very least, commit to a long term lease. Assuming I am right, I think the ball is well and truly back in Swann’s court now.