Having been informed yesterday (18 October 2018) that the football club has signed a memorandum of understanding to purchase the ABAX Stadium, London Road ground back from Peterborough City Council, the Posh Supporters Trust (PST) Board will be looking into the details of the sale as it is important this process is transparent and in the best interests of our football club and the local community.
The Posh Supporters Trust want the football club to be reunited with its ground and have publicly campaigned for the football club to buy back its London Round ground ‘home’ since the unfortunate sale in 2003 to a property developer. It is, therefore, important that any sale of the ground is the right thing for the long term security of the football club and is scrutinised thoroughly by those who have the best interests of the club at heart.
The PST have no doubt that co-owners Darragh MacAnthony, Randy Thompson and Jason Neale through their ownership of the club have every intention of doing the right thing for Peterborough Utd, but we must make sure any concerns we may have about the sale are aired to the appropriate people / parties.
The PST will make a further statement once more details are made available