Over the next few days we will be sharing the answers to the most frequently asked questions put to the 2020 Developments team. Here are the first three:
1. Why does the Football Club need a new stadium?
The football club has been looking to relocate for 60 years. Kenilworth Road will always be integral to the club’s DNA but the club needs to move in order to survive, progress and succeed – both on and off the pitch. Our future ambitions are greater than Kenilworth Road can provide and this relocation will form a catalyst for largescale positive change, not just for the club but for the town’s regeneration.
2. Why does the new stadium need to be relocated to the town centre?
We believe a football club should be in the heart of the community it seeks to serve and represent so that community is also at the heart of the club. Our community projects and engagements are proven to make a positive difference to many people’s lives. However, we know we can do much, much more with better, modern facilities in the heart of a regenerated townscape. We also want the stadium to become an iconic, architectural focal point for Luton and be sustainable in every sense – so that we can be part of the town’s fabric 365 days a year and facilitate further rejuvenation of the town centre.
3. What is the Club’s relationship with 2020 Property Developments?
2020 Property Developments is a wholly owned subsidiary of the 2020 Holding Company in the same way as the football club. Both have the same shareholders and have separate principally to protect the club from any possible risks associated with property development. Going forward the development company could have additional shareholders but the Luton Town Supporters Trust would be party to any such change. The current board of 2020 Holdings – of which, the Supporters Trust is a member – will remain in control of the football club and the development company.
Have you got a question you would like to ask? Come and see us! The roadshow is at Venue Central for two more days then moves to the Hat Factory.