The future of the National Watersports Centre at Holme Pierrepont in Nottingham has been secured. A company has been chosen to run the centre for the next 21 years.
They will upgrade facilities and open it to all, not just professional athletes.
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The court heard Peter George Bell diverted funds from the company client account to finance a lavish lifestyle.
The shoes date back to 1690 and are thought to be worth hundreds of pounds.
Detectives are appealing for witnesses after the assault was reported earlier this month.