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BRANDON UP FOR SALE

Coventry Stadium owner Avtar Sandhu has confirmed Brandon has been put up for sale, but denies he was forced into the move.

12 / 11 / 2012, 17:26

Coventry Stadium owner Avtar Sandhu has confirmed Brandon has been put up for sale, but denies he was forced into the move.

The venue’s future was thrown into doubt following the news that Birmingham man, Jatinder Singh Batth, also known as Micky Singh, was jailed for 18 months in March 2009 for money laundering offences following an investigation by HM Revenue & Customs.

According to an official HMRC press release, his assets include “a 50 percent share of the Coventry Stadium in Brandon, worth around £500,000.” He has been ordered to repay criminal profits of £2 million by February or face 10 years in prison.

But property developer Sandhu says Coventry Stadium is “100 percent owned by the Sandhu family” and emphasised “it is my decision and my decision alone to put Coventry Stadium up for sale.” He also claimed the move would not affect the Coventry Bees’ position at the venue.

In a press release, he said: “This decision was taken after careful consideration, and after a lot of hard work over the last 10 years we now feel the time has come for new owners to take over the stadium freehold.

“It is my decision and my decision alone to put Coventry Stadium up for sale. The stadium is 100 percent owned by the Sandhu family. We do not have any partners in the ownership.

“Two of the three businesses operating out of the stadium are currently leased out, and the possible sale of the freehold does not affect either speedway, stock cars or greyhounds. They will all continue as normal, hopefully, for a long time to come.

“At no time have we applied for planning permission, nor are we seeking to apply for planning permission at this time. It is not the right time for planning and no development is in place.

“It is my decision and nobody else’s to put the freehold on the market, but the businesses that run at the stadium will carry on as normal.”

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