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Boston United ‘close in’ on vital funding for new stadium

Boston United chairman David Newton has said that ‘things are dropping into place’ as the club close in on much needed funding for their new 5,000 capacity stadium.

The National League North club were awarded £250,000 from the Football Stadia Improvement Fund, but could soon have a multi-million pound bid close to being approved.

While talking to the Boston Standard, Newton said: “We’re just waiting to finalise the funding through the Housing Infrastructure Fund.

“Last February we were shortlisted for funding of £3.5m for the Quadrant development, and some of the funding can be used towards the stadium.

“We are currently going through the due diligence process on that and are hoping to have it finalised soon.

“We are also finalising a bid to the Premier League and FA Facilities Fund for funding towards the 3G pitch and associated changing, parking and community facilities. Commercial sales are also progressing.

“Things are now dropping into place, with the view to recommencing structure work on the new stadium in the near future. We need every element coming into the the project, costs have increased to over £11.5m and the longer we wait the more the figure goes up.

“The sooner we push the button the sooner we can fix the prices.”

Take a look at the artist impressions for Boston United’s new home ‘The Quadrant’ below…

Posted by Boston United FC on Thursday, February 19, 2015

 

Their current home on York Street…

 

Football fans have given their reaction to the news as well as the stadium – take a look at what they had to say plus another more recent photo of those stadium plans on the next page.

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