Update: Kassam says stadium is not for sale

THE Kassam Stadium is not for sale, its owner has told the Oxford Mail.

Rugby club London Welsh, which moved to Oxford in September, has said it is interested in buying the stadium in GreaterLeys.

But Firoz Kassam, who owned Oxford United FC until 2006 and still owns the stadium, said: “The stadium is not for sale and that has been the case for a few years.

“I am the custodian of the stadium on behalf of the football club first and foremost.

“If the football club were to express an interest in buying the stadium it would be a different situation but I am not going to speculate on this issue.”

He declined to comment further.

Comments(6)

Bartsimpson_uk says...
1:56pm Fri 4 Jan 13

In other words, Stuff you, I've got a nice little earner here and i'm not giving that up.

MadMan-JaYmZ says...
2:09pm Fri 4 Jan 13

Bartsimpson_uk wrote:
In other words, Stuff you, I've got a nice little earner here and i'm not giving that up.
Exactly, why would he give it up when he has lots of rent coming in all the time !

hokuspokus says...
2:31pm Fri 4 Jan 13

"I am the custodian of the stadium on behalf of the football club first and foremost."

This is fantastic news from Mr Kassam as I'd always wrongly believed he was custodian of the stadium first and foremost on behalf of his own profit.

What better way to prove how wrong I've been than a sizeable contribution to the playing budget during this transfer window?

Manor Born says...
4:39pm Fri 4 Jan 13

Don't be fooled. This is just FK's way of trying to ramp up the price he gets from London Welsh.

If LW offer him the price he wants (the price previously agreed with WPL when they first took over the club), he will snap their arm off.

carfax cabby ox1 says...
7:40pm Fri 4 Jan 13

cobbycobb wrote:
Manor Born wrote:
Don't be fooled. This is just FK's way of trying to ramp up the price he gets from London Welsh.

If LW offer him the price he wants (the price previously agreed with WPL when they first took over the club), he will snap their arm off.
Why would he sell???? he's got yet another tennant....laughing all the way to the bank..........he'd be well miffed if OUFC did actually get their hands on it,if there is a clause whereby OUFC could buy it at the agreed price NOW is the time to go ahead as they could subsidise the mortgage by renting to LW..................

NOW OR NEVER IMO!!!
There was a buy out clause when kassam first left, but that has now run out, as the then owners could or would not raise the money to buy it.

dorsetyellows says...
9:12pm Fri 4 Jan 13

BBC oxford reports oxford utd have not got the right to purchase the ground ahead of anybody else and london welsh are looking at investment where they purchase the ground without oufc . Best we get a plan together before we end up homeless . What happened with sport and local identity , that went out the window when the money men sold the old wimbledon down the river .

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