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Last Updated: Saturday, 12 November 2005, 11:09 GMT
Debt-ridden Cherries sell ground
Dean Court football stadium
Dean Court football stadium will now be leased by the club
Bournemouth football club have decided to sell off their ground to help pay off some of their �6.5m debts.

The decision was taken at a meeting of shareholders and fans at the Dean Court ground on Friday night.

It took two votes to reach a consensus on the deal to sell off the stadium to a property company for �3.5m and lease it back.

The club were facing a deadline of the end of the month to pay a tax bill of �500,000.

The Cherries hope that a supporters' pension scheme set up by Dave Stone, a director of both the club and the supporters trust, could buy back the stadium from the new owner in the spring.


SEE ALSO:
Fans' stadium buyout pushed aside
09 Nov 05 |  Business
Fans to decide on Cherries future
28 Oct 05 |  Bournemouth


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