Stadium won’t figure in next council budget

COUNCIL finance bosses believe work on Southend United’s new stadium will not start for at least another seven months.

Finance chiefs at the Civic Centre are not banking on getting £7.7million as part of the Blues stadium deal and have left the figure out of the council budget, which runs until April next year.

In a report for councillors, head of finance Joe Chesterton said: “The Fossetts Farm project has been removed from the capital programme until the certainty of developer contribution can be ascertained.”

Under the deal agreed by Southend United last year, Southend Council will be paid £7.7million to spend on road and town centre improvements in return for granting planning permission for the new stadium.

The first £3million has been underwritten by Sainsbury’s, which will bankroll the Fossetts Farm development in order to build a new supermarket on Roots Hall.

The first £500,000 will be due to the council from the moment building work starts on the new stadium.

Blues chairman Ron Martin vowed earlier this summer the project would begin this month, but work has still not started.

A new start date has not yet been announced, although club insiders said January had been pencilled in by planners.

Finance chiefs are required to make predictions about expected income so the authority can properly plan for future projects.

However, a club source said the council’s number crunching had no influence on the development.

The club is still waiting for the authority to approve a time extension for its plans.

The source added: “At present, the construction tenders are being analysed with the preferred contractors, and we also await the related planning application to be considered by the council, which we hope will now be soon.”

Comments (4)

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10:35am Mon 31 Oct 11

captain mannering says...

Not surprised by this and not surprised ron has lied again just so he can keep us happy for the time being. cant see this ever being built now. If Southend wants to go for this city status a stadium will be a big help as it will draw more people into the town.
Not surprised by this and not surprised ron has lied again just so he can keep us happy for the time being. cant see this ever being built now. If Southend wants to go for this city status a stadium will be a big help as it will draw more people into the town. captain mannering

12:06pm Mon 31 Oct 11

SARFENDMAN says...

Sort of similar saga as the pier head redevelopment. That's winning hands down at the moment as goes back to 1976.
Sort of similar saga as the pier head redevelopment. That's winning hands down at the moment as goes back to 1976. SARFENDMAN

1:29pm Mon 31 Oct 11

frank & monty says...

OMG! These people are in charge of the Borough's finances...Mugs!!
Does the Council really believe a word that Ron says? Where do they honestly think that he will be able to magic £7.7million from?
OMG! These people are in charge of the Borough's finances...Mugs!! Does the Council really believe a word that Ron says? Where do they honestly think that he will be able to magic £7.7million from? frank & monty

10:25pm Mon 31 Oct 11

Nebs says...

As soon as promotion is assured the building work will start.
As soon as promotion is assured the building work will start. Nebs

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