' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 6:32 pm
Tuesday 17th March 2015
' Cardiff City owner Vincent Tan and director Steve Borley involved with a bid to take control of city's athletics stadium '
Cardiff City's youth academy would move to the site opposite the Bluebirds' stadium in Leckwith under the proposal
Cardiff City’s Malaysian owner Vincent Tan and longstanding club director Steve Borley are heavily involved in a bid to take control of Cardiff’s international athletics stadium.
A Cardiff sports facility owned by the two men, called House of Sport, is a key partner in a proposal to transfer the running of the facility in Leckwith from the city council on a peppercorn rent.
Papers to be discussed by Cardiff council’s ruling body show that the Bluebirds’ youth academy would move to the site opposite the club’s stadium in Leckwith under the plans.
' New £500k 3G pitch '
Under the proposal, the site would be shared between the Cardiff and Vale College, which would hold the lease and use the stadium for its sports department, and the House of Sport which would sublet some of the facilities.
The management and promotion of the stadium would be “incorporated... with their existing arrangements for the House of Sport facilities” at Cardiff City’s neighbouring stadium.
Under the deal, the college would invest £550,000 in the refurbishment of the stadium to create classrooms and install appropriate IT infrastructure and the House of Sport would invest £500,000 in the creation of a new 3G pitch.
But the council would still foot the bill for a £500,000 refurbishment of the track, due in four years.
Mr Tan’s firm Berjaya Assets of Malaysia and Mr Borley’s firm Borley Engineering Ltd are both equal partners in the House of Sport.
Cardiff Athletics Club, which uses the site, has issued a statement saying it has been reassured that it would still be able to use the stadium.
It said: “The club’s operations will continue largely unchanged and we have the security of a lease of our club room that will not be affected by the changes without our consent.
“The impression of the officials who met the college is that, overall, the planned changes are positive and to be welcomed. With goodwill between the club and the college we can build a good working relationship and look forward to the future with confidence.”
' Community use is safe '
Mark Roberts, Deputy Principal, Resources, at Cardiff and Vale College, said that community use of the stadium was safe.
He said: “We are delighted to have this opportunity to both safeguard community use of the stadium and adjacent sports facilities whilst at the same time establishing a centre of excellence and home for CAVC Sport.
“The proposal being considered by the council would enable the community to continue to have access to a high quality facility, used for a huge range of sporting events from school sports days to international athletics meets.
“It would also create an excellent learning facility for CAVC students and high quality, enhanced facilities and opportunities for the sporting community and general public.
“At a time when athletics stadia across Wales and elsewhere in the UK are struggling to fund basic repairs and in some instances closing this joint investment by CAVC and House of Sport is fundamental to maintaining athletics and community sport at Leckwith.”
' £374,000 subsidy '
In papers to be discussed at a Cardiff council cabinet meeting tomorrow, Councillor Peter Bradbury said that the move would save Cardiff council the money it currently provides in subsidy to the facility.
Coun Bradbury said: “The fundamental reason for pursuing this transfer is to safeguard the public provision at the facility and the main benefit to the council is that it would no longer have to meet the revenue expenditure.”
The stadium currently receives a £374,000 subsidy from Cardiff council. On top of that, the council have to pay between £350,000 and £750,000 to refurbish the track every ten years.
' Peppercorn rent '
Under the proposal, Cardiff council would offer the Cardiff and Vale College a 30 year lease on the site at a peppercorn rent.
In addition, because the college would not take over control of the site until July 1 and the council have already taken bookings for that period, the council would have to pay £150,000 towards the running of the stadium between April and June.
Currently, £380,000 of the stadium’s budget goes on the 11.65 full time equivalent staff. As part of the scheme, council staff would be transferred with their existing terms and conditions to CAVC from July 1.
The site, currently known as the Cardiff International Sports Stadium, would become known as Leckwith Sport and Education Campus.
The council is yet to determine the issue of business rates in relation to the site.
' Cardiff City owner Vincent Tan and director Steve Borley involved with a bid to take control of city's athletics stadium '
Cardiff City's youth academy would move to the site opposite the Bluebirds' stadium in Leckwith under the proposal
Cardiff City’s Malaysian owner Vincent Tan and longstanding club director Steve Borley are heavily involved in a bid to take control of Cardiff’s international athletics stadium.
A Cardiff sports facility owned by the two men, called House of Sport, is a key partner in a proposal to transfer the running of the facility in Leckwith from the city council on a peppercorn rent.
Papers to be discussed by Cardiff council’s ruling body show that the Bluebirds’ youth academy would move to the site opposite the club’s stadium in Leckwith under the plans.
' New £500k 3G pitch '
Under the proposal, the site would be shared between the Cardiff and Vale College, which would hold the lease and use the stadium for its sports department, and the House of Sport which would sublet some of the facilities.
The management and promotion of the stadium would be “incorporated... with their existing arrangements for the House of Sport facilities” at Cardiff City’s neighbouring stadium.
Under the deal, the college would invest £550,000 in the refurbishment of the stadium to create classrooms and install appropriate IT infrastructure and the House of Sport would invest £500,000 in the creation of a new 3G pitch.
But the council would still foot the bill for a £500,000 refurbishment of the track, due in four years.
Mr Tan’s firm Berjaya Assets of Malaysia and Mr Borley’s firm Borley Engineering Ltd are both equal partners in the House of Sport.
Cardiff Athletics Club, which uses the site, has issued a statement saying it has been reassured that it would still be able to use the stadium.
It said: “The club’s operations will continue largely unchanged and we have the security of a lease of our club room that will not be affected by the changes without our consent.
“The impression of the officials who met the college is that, overall, the planned changes are positive and to be welcomed. With goodwill between the club and the college we can build a good working relationship and look forward to the future with confidence.”
' Community use is safe '
Mark Roberts, Deputy Principal, Resources, at Cardiff and Vale College, said that community use of the stadium was safe.
He said: “We are delighted to have this opportunity to both safeguard community use of the stadium and adjacent sports facilities whilst at the same time establishing a centre of excellence and home for CAVC Sport.
“The proposal being considered by the council would enable the community to continue to have access to a high quality facility, used for a huge range of sporting events from school sports days to international athletics meets.
“It would also create an excellent learning facility for CAVC students and high quality, enhanced facilities and opportunities for the sporting community and general public.
“At a time when athletics stadia across Wales and elsewhere in the UK are struggling to fund basic repairs and in some instances closing this joint investment by CAVC and House of Sport is fundamental to maintaining athletics and community sport at Leckwith.”
' £374,000 subsidy '
In papers to be discussed at a Cardiff council cabinet meeting tomorrow, Councillor Peter Bradbury said that the move would save Cardiff council the money it currently provides in subsidy to the facility.
Coun Bradbury said: “The fundamental reason for pursuing this transfer is to safeguard the public provision at the facility and the main benefit to the council is that it would no longer have to meet the revenue expenditure.”
The stadium currently receives a £374,000 subsidy from Cardiff council. On top of that, the council have to pay between £350,000 and £750,000 to refurbish the track every ten years.
' Peppercorn rent '
Under the proposal, Cardiff council would offer the Cardiff and Vale College a 30 year lease on the site at a peppercorn rent.
In addition, because the college would not take over control of the site until July 1 and the council have already taken bookings for that period, the council would have to pay £150,000 towards the running of the stadium between April and June.
Currently, £380,000 of the stadium’s budget goes on the 11.65 full time equivalent staff. As part of the scheme, council staff would be transferred with their existing terms and conditions to CAVC from July 1.
The site, currently known as the Cardiff International Sports Stadium, would become known as Leckwith Sport and Education Campus.
The council is yet to determine the issue of business rates in relation to the site.
Re: ' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 9:44 pm
Doesn't sound like Tan is ready to sell up and run
Re: ' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 10:39 pm
Sounds like a good idea.
Is there room for all the pitches etc we'd need ?
Is there room for all the pitches etc we'd need ?
Re: ' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 10:44 pm
Maybe we are buying that selling the ccs to retailers that way we can sell out weekly due to the lack of people renewing 
Re: ' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 11:32 pm
Lawnmower wrote:Sounds like a good idea.
Is there room for all the pitches etc we'd need ?
If it is only the youth academy then I assume one 3G and the two grass will be sufficient. I'm not sure if the academy in its entirety is intended to be moved?
Re: ' VINCENT TAN AND CITY DIRECTOR INVOLVED WITH A BID '
Tue Mar 17, 2015 11:38 pm
On the surface, it sounds like a good deal all round 
