Foundation bid to purchase Udney Park rejected.
On 11th March 2024, the Foundations bid to purchase Udney Park playing fields was rejected by Mr Wu. In rejecting the bid, the Mr Wu’s representatives stated -
On 11th March 2024, the Foundations bid to purchase Udney Park playing fields was rejected by Mr Wu. In rejecting the bid, the Mr Wu’s representatives stated -
I have now attended two positive meetings with Mr Wu’s representatives, together with my fellow trustee, Philip Barnes. The most recent meeting was the week before last. An offer to purchase the fields has been submitted. More information has been requested. The Foundation is providing an executive summary as to why the land should be sold, in order that Mr Wu’s representatives can go back with to Mr Wu with a recommendation. This submission will go in this week.
The second meeting was also attended by our local MP, Munira Wilson, who made several robust statements in support of the bid. Munira left all attendees in no doubt as to her position. Her position has also been set out in Parliament on more than one occasion, most recently as link below.
https://youtu.be/FWT7W-EcpEQ?feature=shared
The ACV for the sale for Udney Park playing fields was finally triggered on 15th September 2023, when the owners formally confirmed to LBRUT that they intended to sell the fields. A moratorium of six months now commences during which time the fields can only be sold to a Community Interest Company (CIC).
Confirmation of the sale of Udney Park playing fields was confirmed in the local press igniting hopes that the fields can be returned to community use https://teddingtontown.co.uk/2023/07/06/teddingtons-udney-park-playing-fields-back-on-the-market/
The Foundation have contacted the representatives of Mr Wu in order to put in motion an offer for the purchase of the playing fields. The site is designated as an ACV, and is currently under a moratorium which prevents the sale of the land to anyone other than a Community Interest Company (CIC) for a six month period.