THE LONG running saga over plans to build a new stadium for Worcester City at Nunnery Way has finally come to an end after the club was officially released from its contract with St Modwen.
The original terms had seen City tied down to the site until 2017, but talks have been on going to scrap any proposed move.
Last month, Worcester City Supporters Trust held a meeting in which they outlined plans for the future to become a fan run club and to build a new community stadium at Perdiswell which now looks the most likely course of action.
A joint statement from St Modwen regional director John Dodds and Worcester City chairman Anthony Hampson, said:
“It has been well documented that St Modwen and Worcester City Football Club have been involved in discussions to release the club from the Nunnery Way contract.
“Following on-going and productive discussions both parties can now report that an agreement has been reached over the detailed terms of the agreement and a deed of release has now been signed by both parties.
“The effect of this agreement is to release Worcester City Football Club from the Nunnery Way contract.
“As previously reported it will allow the football club to meet its capital gains tax liability and also provide some funds for investment into a new stadium for the football club.
“The board of directors at the club believe that this agreement will go a long way towards securing the club’s future and remain grateful to St Modwen for accommodating the club’s request.”
