We recently advised Luton Town FC on long-term lease for new training ground
“It has been very rewarding to be involved in putting together an agreement that will play a huge part in building a bright future for Luton Town FC. Keeping the club’s training complex in Luton was a priority for everyone involved, and it’s great news for the community that the Hatters will have a permanent training base in the town. With the club now firmly established back in the Football League, The Brache is going to be one of the major building blocks of Luton Town’s future.”
We recently advised Football League club Luton Town FC on securing a long-term lease on its new training complex, a critical part of realising the club’s long-term ambitions. The deal for a long-term lease on the private 17-acre complex by the River Lea, to be known as The Brache, includes an option for the club to purchase the land. The club will make a seven-figure investment in upgrading the facility.
The club has taken exclusive use of the grass fields at the complex, currently known as Venue 360, and by the end of 2016, will have sole use of all of the buildings, the grass surface and all artificial turf pitches. In order to minimise the disruption to groups that currently use Venue 360, the club is funding three new five-a-side football pitches for the use of the local community, and will consult with current users of Venue 360 throughout the process. The team was led by Principal Alex Miller and Solicitor Andrew Timoney.
Gary Sweet, Chief Executive of Luton Town, comments:
“Having a first-class training facility will elevate the team’s prospects on the pitch and ambitions for the progress of the club as a whole. The training ground is the players’ working office and this environment is fundamental to developing a spirit among the team, maintaining their general well-being, their fitness and contentment. Not only that but being able to boast such comprehensive, fresh new training facilities will help us to attract better players to Luton Town. It’s been a real pleasure working with EMW to bring this deal to fruition.”
For more information, please get in touch with Stephen Kay.