Salford City Council has ended negotiations with a mooted business partner, admitting the situation is ‘difficult and uncertain’.
The council shared today (Thursday 15 May) that it has formally ended all negotiations with Jacobson Management regarding the future of Salford Community Stadium.
It added that: “It has not been possible for the council to progress negotiations and carry out a detailed due diligence exercise as required in a timely manner.”
The council also shared that Jacobson Management were introduced to the Salford Community Stadium by representatives of Salford Red Devils RLFC – not by the council.
The update by City Mayor Paul Dennett and Deputy City Mayor Councillor Jack Youd continued: “We understand how difficult and uncertain this situation has been for supporters, staff, players and everyone connected to Salford Red Devils.
“We share your frustration and concern. Like you, we care deeply about the future of the club and the role rugby league plays in Salford’s sporting identity and community life.”
With the Salford Red Devils worries worsening on and off the field – this will be another massive blow to the team in their already struggling season.
The news also follow the departure of Chris Irwin last week, who was appointed by the new owners, and resigned from his role as CEO.
The statement continued: “The council stepped in to acquire full ownership of the stadium to help secure that future.
“We remain committed to working with all our stadium tenants and partners to ensure the stadium delivers for the whole of our city – and to ensuring Salford Red Devils have a stable and sustainable home.”
More information about the update can be found here.
Feature image was provided by Salford City Council.
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