KentOnline

bannermobile

News

Sport

Business

What's On

Advertise

Contact

Other KM sites

CORONAVIRUS WATCH KMTV LIVE SIGN UP TO OUR NEWSLETTERS LISTEN TO OUR PODCASTS LISTEN TO KMFM
SUBSCRIBE AND SAVE
News

Cash subsidy to soccer centre company

By: KentOnline reporter multimediadesk@thekmgroup.co.uk

Published: 10:54, 25 September 2008

THE city council is considering providing cash subsidies of up to £20,000 a month to the company running the proposed football centre at South Canterbury Road.

This week's Kentish Gazette exclusively reveals that Pulse Soccer will receive taxpayers’ money over 30 years as a way of guaranteeing its return on a £3.5 million investment if the centre goes ahead.

The proposed centre includes a ground for Canterbury City FC, another full-size pitch, eight five-a-side pitches, an artificial pitch, two junior pitches plus a bar and gymnasium.

David Ford, pictured, the council’s assistant head of culture and communications, insisted the financial risk to the council would be “minimal”.

mpu1

The centre will cost about £5.4 million to build, and in addition to the money from Pulse, the council is hoping to receive £1.5 million from the Football Foundation.

It also has £472,000 contribution from the developer building on the former Kingsmead stadium site.

See this week's Gazette for full report.

More by this author

sticky

© KM Group - 2024