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Reebok Stadium Officially Deemed An 'Asset of Community Value' - What Does this Mean?

Well done, Bolton Wanderers Supporters Trust

Bolton Wanderers v Crystal Palace - The Emirates FA Cup Third Round Photo by Michael Steele/Getty Images

As you may know, recently the Bolton Wanderers Supporters Trust has won the right to have our beloved Reebok Stadium deemed an Asset of Community Value.

A building or other land is an asset of community value if its main use is, or has recently been, to “further the social wellbeing or social interests of the local community” and it could do so in the future.

So what does this mean for Bolton Wanderers?

Well, basically, if Ken Anderson (or any other owner) wanted to sell the stadium, to pay bills, for example, he now has to notify Bolton Council of his intentions.

This then gives the Trust the opportunity to make an offer themselves.

If they decide to go ahead, they receive a 'window of opportunity' which lasts six months in total, in order to give them time to develop a bid and raise the necessary capital for the purchase.

So, in short - and no matter what you think of the Trust - this is superb work and they should be very proud.

Our stadium is sacred and its future is now assured.