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Place North West | Devils and Sharks battle it out for AJ Bell stadium ownership


Dan Whelan
Salford Red Devils is preparing a counter bid for the stadium it shares with Sale Sharks after it emerged the rugby union side had made initial enquiries about buying the ground. 
The 15,000-capacity stadium, located in Salford close to the Trafford Centre, is owned by City of Salford Community Stadium, a joint venture between Peel L&P and Salford City Council, and has been shared by the two clubs since 2012. 
The £26m venue was originally built for rugby league side Salford Red Devils, but Sale Sharks signed a 25-year lease on the ground shortly after construction completed. 
Sharks’ bid comes after a failed attempt to return to Sale, after Trafford Council blocked the club’s plans to build a new stadium at Crossford Bridge playing fields.   ....

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Place North West | JV closes in on Salford industrial site


Dan Whelan and Neil Tague
Cole Waterhouse and Peveril Securities’ hope of bringing forward up to 275,000 sq ft of warehousing close to the AJ Bell Stadium have moved closer after the council approved their bid to buy the site.
Place North West understands that the site is now under offer to a joint venture between the two developers, following strong competition for the asset in a market hamstrung by lack of supply of industrial property in good locations.
The stadium and its surrounds sit between the A57 and Manchester Ship Canal, close to the M60. Although the land is owned by a vehicle of landowner Peel Group called the City of Salford Community Stadium, the city council holds a charge over the site dating back to when it was first developed. ....

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