Wakefield Council’s Loan To Wakefield Trinity RLC

WBD has acted for Wakefield City Council in relation to the provision of a £3m loan to help fund the acquisition by Wakefield Trinity RLC of its existing Belle Vue Stadium.

Trinity had been tenants of the stadium but wanted to acquire the freehold with a view to developing the stadium over the next few years to meet the Rugby Football League’s requirements for Super League clubs. The acquisition of the site was the first critical piece in the jigsaw in terms of delivery of this strategy, and the firm worked with the Council and the Club’s advisers to frame terms which would meet all legal requirements and give the Club the ability to plan for the future.

Wakefield Trinity is a professional rugby league club in Wakefield, West Yorkshire, England, that plays in the Super League.

The team at WBD was led by Iain Greenshields, supported by Peter Cantwell (Picture), Kathrine Eddon, and Sonal Kang.

Involved fees earner: Peter Cantwell – Womble Bond Dickinson; Kathrine Eddon – Womble Bond Dickinson; Iain Greenshields – Womble Bond Dickinson; Sonal Kang – Womble Bond Dickinson;

Law Firms: Womble Bond Dickinson;

Clients: Wakefield Council;

Print Friendly, PDF & Email