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Salford City Council Ends Stadium Sale Talks with Jacobsen Management Group

The council retains full ownership of Salford Community Stadium, citing delays in due diligence, as Salford Red Devils face financial uncertainty.

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Overview

  • Salford City Council has formally ended negotiations with Jacobsen Management Group over the sale of Salford Community Stadium, citing an inability to complete due diligence in a timely manner.
  • The council acquired full ownership of the stadium in December 2024 to safeguard the future of Salford Red Devils and promote local regeneration.
  • Salford Red Devils expressed disappointment at the decision, claiming it will negatively impact the team, fans, and the local community.
  • The rugby league club is reviewing its options after recently facing financial strain, including a winding-up petition filed by tax authorities earlier this month.
  • The council plans to develop surrounding land for business and community use, while ensuring stable tenancy for both Salford Red Devils and co-tenants Sale Sharks.