Laura Sharman 20 April 2017

Leeds Council to broker £35m deal to redevelop stadium

Leeds Council to broker £35m deal to redevelop stadium image

Leeds City Council has agreed to back a £35m deal with a private investor to redevelop Headingley Carnegie Stadium.

Under the deal, the council would enter into an agreement with a third-party investor to lease the new facilities from the investor. Leeds Rhinos has also pledged £5m towards the total cost of the redevelopment.

Leader of Leeds City Council, cllr Judith Blake, said: ‘I am pleased that executive board has backed the deal which we have arranged with a private third-party investor to fund the redevelopment of Headingley Carnegie Stadium.

‘It’s vital for both the city and the region that Headingley continues to host high-class international and domestic sport. With the tight timescales which are involved for this work to begin, this route offers the best and most viable option moving forward. As part of this agreement, the cost of financing the development will be met by both the rugby and cricket clubs at no cost to the tax-payer.’

In 2019, Headingley Cricket Ground will be hosting matches from the 2019 World Cup, with associated economic benefits estimated at £20.5m.

The council estimates that once complete, the new stands will generate additional expenditure of £107.3m by 2023.

Highways jobs

DEPUTY DIRECTOR

City of Bradford MDC
£102K
Big and diverse, Bradford is the UK’s youngest city Bradford, West Yorkshire
Recuriter: City of Bradford MDC

Senior Financial Accountant

Essex County Council
£50001.0 - £59590 per annum
Essex County Council is one the largest and most complex local authorities in the UK, with a turnover of £2bn. We are a Council with high ambitions, a England, Essex, Chelmsford
Recuriter: Essex County Council

Financial Accountant

Essex County Council
£38001.0 - £44440 per annum
Essex County Council is one the largest and most complex local authorities in the UK, with a turnover of £2bn. We are a Council with high ambitions, a England, Essex, Chelmsford
Recuriter: Essex County Council

Senior Practitioner - Children in Care

Essex County Council
£38000.0 - £46000.0 per annum
Senior Practitioner - Children in Care - BasildonIn ECC we are "Serious about Social Work". Having recently won the Best Social Work Employer of the Y England, Essex, Basildon
Recuriter: Essex County Council

Casual Lifeguard

Chelmsford City Council
Grade 3 - £9.29 per hour
South Woodham Ferrers Leisure Centre is a large, multi-purpose complex accommodating a swimming pool, a sports hall, two further halls, Fitness Roo... Chelmsford, Essex
Recuriter: Chelmsford City Council

Local Government News

Latest issue - Local Goverrnemnt News

The June issue of Local Government News contains the full details of all the winning schemes in the 2019 Street Design Awards. From Children's Play to Pedestrian Environment, find out who has been recognised for their innovation and use of best practice.

This issue also explores how local government pension funds can hedge currency risk, how councils can best address the shortfall in school places, and an update on the number of authorities banning the use of Roundup over safety fears.

Register for your free magazine