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Rangers set to plough £350m into Ibrox plan



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Published Date: 11 October 2008
RANGERS have been given the go-ahead for a multi-million-pound development at Ibrox.
The plans include a new hotel and shops around the club's home. It is hoped the development, reportedly set to cost £350 million, will breath new life into the run-down Govan area of the city.

Glasgow City Council has agreed to transfer the land
to Rangers, noting the project would make a "very significant contribution" to its own redevelopment plans.

Rangers chairman Sir David Murray will now begin a search for partners to back the development.

A club spokesman said: "This is a significant step forward in an exciting project that can have a major impact in regenerating the Govan area and delivering real benefit to the whole of Glasgow, particularly in view of the Commonwealth Games coming to the city."

The proposed plan includes transforming flats in the Hinshelwood area near the stadium into a complex which will include a hotel and shops. Another proposal is the redevelopment of a local community football pitch.

Murray apologised at the club's AGM for the hold-up in getting the green light for the scheme, blaming delays at the council.

Murray urged: "Let's be positive and hope both that the economy is in better shape and we find suitable partners to work with us."





The full article contains 226 words and appears in Edinburgh Evening News newspaper.
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  • Last Updated: 11 October 2008 12:12 PM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Rangers FC
 
 
  

 
 


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