Aston Villa Supporters Trust (AVST) have announced that Villa Park stadium is now listed as an Asset of Community Value (ACV) in order to protect the stadium should it ever be put up for sale.
An ACV application from the Trust was approved by Birmingham City Council and there is now a legal obligation to alert Aston Villa supporters, via the AVST, of a potential change to Villa Park’s primary use. ACV's give supporters and the local community the right and opportunity to lodge a bid within six weeks, with finance then needing to be secured in a moratorium period of six months.
The AVST commented that "While the ACV process should have taken eight weeks, we are glad it has finally reached a positive conclusion, after delays beyond our control.
The importance of Villa Park to Aston Villa and English football is known throughout the world."
This listing of Villa Park is down to the persistent work of the supporters trust, showing the importance of having a trust.We hope to continue to see ACV's being granted up and down the country to protect such valuable community assets.
For more information on ACV's please click here.