Basingstoke Town Football Club has announced plans to relocate to a new £10m stadium.
The 5,000-capacity ground west of the Hilton Basingstoke hotel would meet npower League 1 criteria. The project would be funded by replacing the existing Camrose stadium with a 90,000 sq ft retail development.
Club chairman Rafi Razzak said “Camrose has been a fantastic home for us for well over 60 years and it has seen many great sporting moments. But now it is in such need of modernising that it threatens to become a major obstacle to realising the club’s dreams.”
The historic venue has been the club's home since 1946 and the new plans clearly indicate the ambition of the Conference South side.
"The club doesn’t have the financial reserves to fund a redevelopment to the required level, so the only real solution is for us to sell the land and use the proceeds to secure our future,” added Razzak. “I’m excited by these plans and to be able to realise such ambitions in the current economic environment is remarkable.
"They are exactly what a community-minded club Basingstoke should be doing: working to support its community and local youngsters and give everyone a facility they can be proud of."
Posted on 01/12/2011