Agenda item

Cabinet 26 November 2025 - Minute No. 86 - Vitality Stadium land - draft heads of terms

RECOMMENDED that Council: -

(a)           notes the decision of the Cabinet meeting held 1 October 2025 and Council Meeting held 14 October 2025;

(b)           approves the Heads of Terms (HOTs) recommended by officers for the Leasehold disposal of two parcels of land at Kings Park to AFC Bournemouth (Option C); and

(c)           instructs BCP officers to agree the recommended HOTs with AFC Bournemouth, instruct BCP’s legal team accordingly and progress the two leases to completion.

[PLEASE NOTE: Should the Council wish to discuss the detail of the confidential appendices at Appendix A-G the meeting will be required to move into Confidential (Exempt) Session].

Minutes:

The Portfolio Holder for Finance presented the report on the Vitality Stadium land – draft heads of terms and outlined the recommendations as set out on the agenda.

RESOLVED that Council: -

(a)           noted the decision of the Cabinet meeting held 1 October 2025 and Council Meeting held 14 October 2025;

(b)           approved the Heads of Terms (HOTs) recommended by officers for the Leasehold disposal of two parcels of land at Kings Park to AFC Bournemouth (Option C); and

(c)           instructed BCP officers to agree the recommended HOTs with AFC Bournemouth, instruct BCP’s legal team accordingly and progress the two leases to completion.

Voting: For:51, Against:0, Abstentions:3

 

Supporting documents: