Withdrawn Offer
Further news has emerged in the Times about whether Mr Wu is a fit custodian for Udney Park.
Local MP, Munira Wilson, gave an impassioned speech emphasising the importance of retaining playing fields for community use rather than allowing them to be land banked by developers.
Watch Here: Udney park got another mention in the Houses of Parliament earlier this week
Munira is seeking amendments to remove Hope Value via the Devolution and Community Empowerment Bill. This Bill is great as it introduces a special Sporting ACV category for playing field that is permanent (one a playing field always a playing field). This Bill also shifts the current ACV Right to Bid to a Right to Buy.
All of this has specific relevance to Udney Park playing fields which remain in the ownership of Leisure Focus, an opaque Chinese owned company based in the British Virgin Islands. Community clubs have been denied access to these fields for over a decade apart from floodlight training by Teddington RFC.
If the legislation is successful there will hopefully be a Right to Buy to end the impasse. A local charity, Udney Park Community Fields Foundation, has already made a substantial bid to buy the fields but cannot match the value that Leisure Focus seek to sell at, which is set at a multiple of playing field value.
Further news has emerged in the Times about whether Mr Wu is a fit custodian for Udney Park.
I thought that I ought to update everyone as the latest moratorium period under the ACV is about to expire. At this point Mr Wu can market the site again to commercial bidders. Before the moratorium period he attempted to sell the site over a twelve-month period and attracted an offer from a single developer called Mr Williams. This bid later evaporated. No doubt Mr Wu hopes for more meaningful interest the next time around.
The Foundation has received welcome support from the football community as the statements below -
Lee Doyle, CEO of Brentford FC CST
"The Brentford FC Community Sports Trust aims to deliver exciting, progressive and socially inclusive multi-sports participation, coach education and facility development programmes, enabling participants, coaches and volunteers to realise their potential through community sport. The Trust supports the aims of the Udney Park Community Fields Foundation to buy and run these precious playing fields in Teddington"