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    Manchester City sign £1bn regeneration agreement

    From the beeb


    Manchester City sign £1bn regeneration agreement
    Sportcity site
    The council has been hoping to create a significant destination

    Manchester City Football Club is at the centre of plans, believed to be worth £1bn, to redevelop a 200-acre site around its Eastlands home.

    The scheme will transform one of the poorest areas of the city and create hundreds of jobs.

    The club is believed to be planning a training complex on unused land near the stadium as part of the scheme.

    It will look into the viability of extending the stadium's current 48,000 capacity as part of the redevelopment.

    Manchester City has signed an agreement with the city council and regeneration body New East Manchester to develop the project.


    Manchester City has been and always will be at the heart of the community it serves in the city of Manchester
    Garry Cook, City chief executive

    As well as developing the club's global profile, the focus will be on regenerating the area around its home.

    "Manchester City has been and always will be at the heart of the community it serves in the city of Manchester," said City chief executive Garry Cook.

    "The longer-term considerations for the area reflect the long term commitment of our owners to the club and the community it serves."

    The first phase of the development will involve a market place-style fan zone, on Joe Mercer Way, the current approach to the stadium.

    Council leader Sir Richard Leese, New East Manchester chiarman Simon Bate and City chief executive, Garry Cook
    Officials signed to agree the deal on Thursday

    Further plans are yet to be decided but the proposals tie in with the council's hope to create the "nationally-significant destination" earmarked for the area since the abandonment of the super-casino.

    Sir Richard Leese, council leader, said the combined strength of the club and council would act as an "engine of economic growth" in the area.

    "From the securing of the Metrolink tram system to the building of world class sporting facilities in and around Sportcity, there has already been real vision in creating a sustainable future for east Manchester.

    "The City of Manchester Stadium has also been a credit to the city and this further investment will enable local people who can work to work, will give our young people the best possible start in life and will make east Manchester a place in which to work, invest, live and visit."

    A Metrolink stop is set to be incorporated at the Sport City site - to be called Central Park - as part of the current expansion of the tram network.

    Work on a £19m national BMX centre at the Sportcity site, which will also create jobs and attract visitors, is already under way.


    http://news.bbc.co.uk/1/hi/england/m...er/8563839.stm
    www.terracehound.com

    #2
    Jammy Jammy ****ers....we spend years searching/planning for an owner...they jump straight in with Sinawatra....and end up the richest club in the world ever....and likely will be for for ever.....jammy jammy ****s.

    No ground work hardly...oh if nobody want's you we'll let you buy City mr Sinawatra....the rest is history.....incredible.
    Last edited by Vermilion; 12-03-10, 11:29 AM.

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      #3
      We are really ****ed if they get 4th and attract genuine world class players. Unless their owners get bored of them, they're going to be at the top of English football sooner or later.

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        #4
        Originally posted by JohnDoe View Post
        We are really ****ed if they get 4th and attract genuine world class players. Unless their owners get bored of them, they're going to be at the top of English football sooner or later.
        Guaranteed. I don't see Cities owner ever getting bored of owning Citeh, far from it...i think he's reveling in it...and will committ many many milions to make them as good as possible. imo.

        Shame.

        Can only imagine their wage bill should they get 4th this season...it will rocket up...in order the get the players they need. With Champions league football and the chance of a Prem Title...the only stumbling block will be money...and how much the players want to join them...they'll gladly pay it imo.
        Last edited by Vermilion; 12-03-10, 12:06 PM.

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          #5
          HOW MUCH ?











          i own everton fans on the internet....that's what i do

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            #6
            I know quite a few people who are going to losing jobs in industry, because of this. This has been rushed through as if tomorrow would not come.

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              #7
              but surely thousands more will be vreated?
              _____________________________________

              Weak willed, Wank or do they have a masterplan?

              Think we have the answer..Slot!!

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                #8
                Far from being a sugar daddy I reckon there's a chance the owner is pretty canny.

                1.2b for the club across the city, or buy City, develop the **** out of it and have a ****load of revenue for barely more whilst building a squad who will win things.

                They're not gunna get bored, they're in it for the long term return and don't care how much they spunk up to get there.

                *******s.

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                  #9
                  Originally posted by JohnDoe View Post
                  We are really ****ed if they get 4th and attract genuine world class players. Unless their owners get bored of them, they're going to be at the top of English football sooner or later.
                  we are ****ed anyway get fourth or not, fourth will not enable us to compete with city in the future

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                    #10
                    **** City and their money. Fact of the matter if we werent so ****in ****e this season we would've beaten them twice, be comfortably in 4th and leave them dreaming of Champion League football for years to come. They're ****e too.

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                      #11
                      Let's name the site EST2009 and become city fans.

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                        #12
                        Lets hope after these initial seasons of spending like crazy Citeh will eventually try and balance the books kind of like Chelsea. If they continue spending we're right royally ****ed.
                        We come not to play.

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                          #13
                          I should think the aim of the game is to invest frantically before UEFA compel clubs to cap their wage bills as a % of revenues.
                          Really?

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