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Kheredine Idessane reports
"Further twist in Hampden story"
 real 28k

Tuesday, 14 December, 1999, 14:26 GMT
Hampden deal still in balance, says club

Hampden Hampden's 21st century look has come at some expense

Hampden Park's owners have stressed that no deal has been reached with the Scottish Football Association over the future of the national stadium.

Queen's Park FC said the SFA has rejected a rental deal and it now must examine alternatives to bridge the funding gap.

The Scottish Football Association had earlier agreed to take over the running of the stadium to secure extra funding for the debt-ridden stadium.

Hampden, which has undergone a 63m facelift, is several million pounds over budget and has been threatened with receivership.

A 4.4m rescue package is conditional on the SFA taking over the stadium and the club said no agreement on the terms of that has been reached.

Hampden Rescue
63m+ facelift
40m+ public money contributed already
4.4m rescue deal after legal action by builders
1m rental deal dispute

Queen's Park FC, which owns the stadium via subsidiary company The National Stadium plc, said in a statement that take-over negotiations centred around an 800,000 rental deal.

The club said a bank had offered further financial concessions which had proved unacceptable to the SFA.

It released a statement, which said: "The directors of Queen's Park and TNS regret that the long and complex negotiations of the last few months have not achieved a solution.

SFA approval

"The directors of TNS, in particular, deeply regret that Queen's Park has been placed in this situation, but cannot comment further, given that throughout the process the directors of TNS have been excluded from discussions."

The funding from the Millennium Commission, Glasgow Development Agency, SportScotland and Glasgow City Council depends on the SFA taking over the running of the stadium.

The SFA, at a meeting of the association's 27-strong council, had earlier agreed to take over the stadium.

David Taylor David Taylor: "Solution is close"
The SFA's vice president, John McBeth, said he believed the SFA was more qualified than anyone for the task.

He said: "Contrary to popular belief, if the SFA can't take it on, nobody can. The SFA is well-versed in how stadia are run."

Chief executive David Taylor said the situation was close to being resolved.

"The SFA have shown themselves to be willing to facilitate a solution. I think it's a solution we're getting very close to," he said.

Legal action

The ambitious revamp of the 52,000 capacity stadium ran into financial difficulties earlier this year with threats of legal action from the main contractor, Sir Robert McAlpine, for non-payment.

The agreement for the SFA to take over the running of Hampden Park would ensure the stadium plays host to the 2002 Champions League final.

Sports Minister Sam Galbraith is due to reveal the full details of the rescue package, to which the Scottish Executive will contribute 2.2 million, on Thursday
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See also:
13 Dec 99 |  Scotland
Hampden rescue package a step nearer
12 Dec 99 |  Scotland
Hampden rescue deal on table
11 Dec 99 |  Sport
Hampden to host Euro final
09 Nov 99 |  Scotland
'Cover up' row over Hampden facelift
27 Sep 99 |  Scotland
SFA set to 'guarantee' Hampden's future
09 Sep 99 |  Scotland
New bid to resolve Hampden wrangle
29 Aug 99 |  Scotland
Fraud squad called in to Hampden

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