Salford Red Devils announced today (December 21) that they have signed a 12-month extension of the existing terms on their AJ Bell Stadium contract.
Additionally, Sale Sharks and Salford Red Devils have agreed and jointly presented a working proposal between the clubs to Salford City Council.
The proposal outlines terms that would enable a “productive relationship” and a future for each at the Salford Stadium, as well as profit for all parties. Terms include an initial and fair division of commercial assets and matchday revenues.
Following the expiry of their previous tenancy agreement, the Devils have admitted that this year extension has provided “a level of certainty heading into 2024.”
Club Managing Director, Paul King stated: “We have agreed to the extension with a belief in the Council that their commitment to complete the stadium deal by March will materialise.
“Whilst conscious that the extension is the same terms as our previous agreement, the implications of operating without any tenancy agreement leaves little choice in the short-term, however, it does now provide a level of certainty heading into 2024.
“Regardless of the pressures this has placed on the Club’s finances, we are committed to trying to retain the same on-pitch ambitions of previous years. Now we have certainty going into next season, I’d urge anyone still holding off from buying their season ticket to do so. We have made strides both on and off the pitch in recent years and are looking forward to building on those in 2024.”
Access the full statement here.
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