Millers receive £5m funding from RMBC

Last updated : 20 June 2011 By Bigrich.....

Rotherham Metropolitan Borough Council have today agreed to loan the Millers £5million of the £17million needed to build the Millers new stadium and bring the club back home to Rotherham.

Chairman Tony Stewart told the official site: "From day one of my tenure at Rotherham United Football Club, Rotherham Metropolitan Borough Council have been as determined as I to make this happen, not just for the Football Club but for our Town."

"The final building blocks are now in place thanks to the support of a number of partners particularly the Local Authority and Yorkshire Forward."

"By continuing to work as a team, in partnership, we've managed to overcome all the trip wires and hurdles throughout the long journey that this project has presented and now we can all look forward to witnessing the stadium being constructed."

RMBC Leader councillor Roger Stone, said: "The new community stadium is a key to the regeneration of Rotherham town centre and we have always supported the club and the wish to have Rotherham United back playing in the town. It's fantastic that a local entrepreneur and the club are prepared to invest so much in the town and leave such a positive legacy."

"The terms of the agreement mean that there will be no cost to Rotherham's council taxpayers, but our residents, schools, businesses and voluntary and community groups will reap the benefits for years to come - by using the facilities or by the stadium generating more town centre visitors on matchdays."

"It is vitally important that as a council we should use the powers available to us to raise money to help projects and initiatives that can bring about significant regeneration and income generation for our Borough. On that basis we have been happy to work in partnership with the club to ensure the project can move forward and bring our team back home."