Friday, August 22, 2008

Warwickshire making progress on ground redevelopment plans

The club are making good progress on their plans for ground redevelopment including it's "iconic" new pavilion (groan). More properties on the Pershore Rd have been purchased and Birmingham City Council are prepared to lend the Bears the money needed. Getting planning permission should also be a done-deal. Money remains the main sticking point as always.

According to a report earlier in the year the club may have to borrow up to £30 million to fund the new pavilion however this may be offset by the sale of part of their existing ground plus the Pershore Rd properties to build a retail and housing development. Povey has warned it could all go wrong however because of the difficult current climate, indeed this rain is troublesome.

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