Macclesfield FC

Serious point - housing development so ridiculously profitable that it is tempting to asset strip organisations with land. Belle Vue Greyhound track is a local example. May not apply to Macc, but will apply to some clubs.

Covenants are no protection. Even indifferent Council lawyers can find ways to drive a coach and horses through them, so for top private sector legal eagles it's a piece of piss.
 
What will the council do with the ground , way to valuable to leave empty or for phoenix club that will attract very few fans .
 
denislawsbackheel said:
Macc don’t own the ground.
The council do.
So no asset to strip.
Click to expand...

At Hereford, they tried to transfer the lease to another company with a view to redevelop the Edgar Street ground. It failed spectacularly and they were wound up in court.

They were clowns. A convicted thief and a serial bankrupt con artist. Clearly fronting the deal for a perennial stadium thief. I think there's still issues at Bangor City.
 
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