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Falkirk Council to become legal owners of Falkirk Football Stadium

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dailyrecord.co.uk

Falkirk Community Stadium Limited – the arms-length company that helped to build Falkirk FC’s home – will finally transfer legally to the ownership of the council, councillors have agreed.The change will have no impact on the football club and employees will transfer to Falkirk Council as part of the process, members of the executive heard on Tuesday.Falkirk Community Stadium Limited (FCSL) was set up in partnership with Falkirk FC, when the Bairns were looking to move from their traditional Brockville home.The new stadium was opened in 2004, but by 2009, the two parties agreed to separate their financial arrangements, leaving the club to look after the football side of the business.That left FCSL with assets in place of the money it had

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