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BBC Scotland reporter Cameron Buttle
"Not a penny of the 4.4m rescue package money has been handed over"
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Thursday, 16 December, 1999, 17:57 GMT
Hampden deal agreed - Galbraith

Hampden Hampden's facelift brought the project to the brink of receivership

A deal to secure the future of Hampden has been agreed in principle, Sports Minister Sam Galbraith has announced.

It had been thought the deal with the Scottish Football Association was all but done at the beginning of the week, with only Mr Galbraith's official statement to the Scottish Parliament outstanding.

But on Tuesday, fresh doubts arose when Queen's Park Football Club, the stadium's owners, said talk of a deal was premature as terms had not been agreed to all parties' satisfaction.

SFA plaque The SFA will take over the running
Mr Galbraith announced that Queen's Park FC has now agreed to the package, subject to the drafting and signing of legal documentation.

Under the deal, the Scottish Football Association would pay the club 800,000 a year for the next decade to be allowed to run the stadium.

It was this rental deal which led to complications in the first instance.

Mr Galbraith told MSPs: "I am hopeful that a rescue deal will be concluded this week. If that is the case it will retain the historic link between the oldest club and Scottish football's national stadium.

Sam Galbraith Sam Galbraith said deal was agreed
"Despite the mistakes and misjudgements which have been made by the project, and these are not attributable to one person, we have, on the south side of Glasgow, a magnificent national football stadium."

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

The 4.4m rescue package includes a 2.2m investment by the Scottish Executive.

The remainder consists of contributions from the Millennium Commission, the Glasgow Development Agency, SportScotland and Glasgow City Council.

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See also:
14 Dec 99 |  Scotland
Hampden deal still in balance, says club
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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