Grangemouth Stadium, one of the key track and field venues in our sport, will now be taken over by a newly formed trust.
Falkirk Council met on Thursday and councillors agreed to lease the venue for £1.
The Grangemouth Community Sports Trust will take over the stadium and facility from June 1 this year.
In the interim, there will still be some access for training by local clubs like Falkirk Victoria Harriers and Forth Valley Flyers.
Falkirk Council members also agreed that Falkirk Council will spend up to £500,000 to support the move to Grangemouth Community Sports Trust: £350,000 has been agreed for works to improve the condition of the building.
To further support GCST in the initial stages, the Council is proposing financial assistance of up to £120,000 for running costs for any financial challenges encountered during the first two years.
Falkirk Council say their level of continued support reflects the size of the facility and Grangemouth Stadium’s role as a key venue for athletics in Scotland.
Photo by: Falkirk by Drone
There are now some job vacancies with GCST and these are advertised on this website
Anticipating the Council meeting decision a couple of weeks ago, our chief executive Colin Hutchison welcomed the move to GCST taking up the lease.
‘We have worked tirelessly with the local clubs and partners to present a solution to Falkirk Council that will enable Grangemouth Stadium to stay open.
‘We would welcome the proposed financial assistance from Falkirk Council to support GCST and look forward to working with the Trust and other partners to secure the stadium’s long-term future.
‘As the only athletics facility in Falkirk, the Stadium plays a crucial role in supporting the local athletics clubs and providing opportunities for local residents to participate in athletics and running. There is great potential to widen access to the facility and ensure that it becomes an asset that the local community can be proud of.’
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Falkirk Council, Grangemouth