Coventry Live report that a covenant that could help to stop development at the home of Nuneaton Borough Football Club has been extended.
Nuneaton Borough Supporters’ Co-operative (NBSC) has announced it has renewed the Liberty Way Ground as an Asset of Community Value (ACV).
The Supporters Co-operative became only the second club in the country to register its club’s ground as an ACV and many others have since followed suit.
An ACV can be placed on land or property of importance to a local community and gives it additional protection from development.
Once listed as an ACV with the local authority, the local community will be informed if they are listed for sale within the five-year listing period.
The community can then enact the Community Right to Bid, which gives them a moratorium period of six months to determine if they can raise the finance to purchase the asset.
In a statement, the NBSC said: “Nuneaton Borough Supporters’ Co-operative is pleased to confirm that its application to renew the Liberty Way Ground as an Asset of Community Value (ACV) has been approved by Nuneaton and Bedworth Borough Council.
“The renewal was agreed on 22 March 2019, meaning the ACV listing will remain for a further five years.”
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