CORNWALL COUNCIL REJECTS FUNDING STADIUM

A £15m stadium project in Cornwall will not be funded by any local council money it has been announced.

The 10,000-seater multi-purpose venue has outline planning permission at Threemilestone near Truro and will be the home of Cornish Pirates Rugby Football Club and Truro City Football Club. But a Cornwall Council statement read: "The Council has not changed its position from the previous Council decision that no public funding will be used for the stadium.

"The Council has not agreed to contribute to the construction costs or fund any specific infrastructure projects relating to the Stadium or to act as a guarantor for the project.  While we continue to support the principle of creating a multi-purpose stadium for Cornwall this remains a private sector led project."

Discussions are ongoing with Truro and Penwith College, Inox Group, Cornish Pirates and Truro City FC on how the project could be funded. Truro City are set to sell the club's Treyew Road ground to help raise funds for the new stadium, according to chairman Kevin Heaney.

The council has yet to comment on the reports of funding for the housing scheme.

Posted on 01/03/2012