The council says the Premier League club were only prepared to accept the option of buying the historic stadium's freehold
Nottingham City Council has said it will suffer a "significant revenue loss" from the sale of the City Ground , but added that any other option would have risked Nottingham Forest leaving the site. The city council were being paid rent of £250,000 a year by Forest and following months of public dispute about the City Ground 's future, an agreement in principle has been reached which will see the Premier League club buy the stadium's land from the council.
The threat of a Forest relocation came about early on in the public dispute between the club and council, with land previously earmarked for HS2 in Toton being repeatedly mentioned. The dispute centred on Forest's plans to expand and redevelop the City Ground, with the city council arguing that the rent should therefore be increased to "north of a million.
The council also says that it will employ external specialists to advise on the sale to make sure that the authority is getting best value out of it, is completing the sale in a timely manner and making sure that measures to mitigate risks are taken. The council says it wants to work on the deal "at pace", with the executive board papers suggesting that the sale will be completed before the end of this current financial year in spring 2025.
Nottingham City Council Nottingham Forest FC West Bridgford City Ground Redevelopment
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