North Lanarkshire Council claim Clyde have not paid the rent on the stadium

Clyde's future has been secured after Broadwood Stadium Ltd agreed to allow the First Division club to continue using the ground for home matches.

The Bully Wee faced eviction on 26 April over unpaid debts of £140,000.

But the club's rent arrears will be reduced by £40,000 immediately and the remainder paid over the next 19 months.

Jim Logue, Broadwood Stadium Ltd chairman, said: "We have finally been able to reach an agreement and Clyde will continue to use our facilities."

Meanwhile, next month's Scotland B international against Northern Ireland will now go ahead at Broadwood, despite fears that the eviction notice would require the Scottish Football Association to seek an alternative venue.

Logue welcomed the deal, adding: "We have worked very hard throughout the last few months to reach an understanding based on a robust business plan that meets the stadium's financial criteria," said Logue.

We now look forward to working closely with Clyde and encouraging the team and supporters in the new season Jim Logue Broadwood Stadium Ltd chairman

"This has now been presented by Clyde and accepted as feasible by both our legal advisors and accountants.

"As we made clear throughout these negotiations, there was no hidden agenda or desire to force Clyde FC to leave the stadium.

"We did, however, have a legal responsibility to ensure that Broadwood Stadium Company was not operating illegally by allowing Clyde's outstanding arrears to continue to spiral."

Logue added: "We now look forward to working closely with Clyde and encouraging the team and supporters in the new season."

Clyde director John Alexander said: "We are delighted to have reached an agreement with Broadwood Stadium that allows the club continue playing at Cumbernauld."

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