Falkirk announce purchase of stand
Falkirk have announced they have acquired the South Stand Development Company Ltd and with it, full ownership of the Kevin McAllister Stand.
This is the culmination of Sandy Alexander’s vision to create a new “Hope Street End” for Falkirk supporters, strengthening and enhancing the long-term security and prosperity of the club.
The club extended their gratification to Sandy Alexander and Paul Kenny for facilitating the transaction and to DWF Law for their advisory support.
The club now owns the North and KM7 stands outright as well as holding a long leasehold interest in the club’s offices and football related facilities in the Main Stand, including the arena, dressing rooms, shop, concourses and the pitch. They also have a ground lease of the land to the East of the main pitch upon which the ambition is to complete the stadium.