URL: https://democracy.manchester.gov.uk/ieDecisionDetails.aspx?ID=986

Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To enter into updated commercial agreements in the Council’s capacity as Members of the Sports City Management Company

Content: To enter into updated commercial agreements in the Council’s capacity as Members of the Sports City Management Company The Executive:-   (1)       Note the update provided in relation to progress made regarding the evolution of the Sports City / Etihad Campus in accordance with the Eastlands Regeneration Framework (2019); (2)       Approve the revised arrangements for Sports City Management Company Ltd with membership from the Council, City Football Group and Eastlands Arena Limited; (3)       Delegate authority to the Strategic Director (Neighbourhoods) in consultation with the City Solicitor to negotiate and finalise all agreements necessary to reactivate and restructure the Sports City Management Company Limited together with all agreements and arrangements necessary to ensure the ongoing proper management of the Campus by the Sports City Management Company Limited as set out in this report. (4)       Delegate to the Strategic Director (Growth and Development), the completion of commercial negotiations with Manchester City Football Club to provide Landlord’s consent for the for the Etihad Stadium North Stand expansion and wider shareholder arrangements. (5)       Authorise the City Solicitor, to enter into such legal agreements as required to give effect to the recommendations sets out in this report.  

Date of Decision: October 16, 2024