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Macclesfied Town's future secured

Macclesfield Town crest Credit: Macclesfield Town

The future of Macclesfield Town FC has been secured due to a historic deal with Cheshire East Council.

The deal was sealed during an urgent meeting where Cabinet members voted unanimously in favour.

A cheque £285k was handed over to club representatives.

Macclesfield Town is the first senior club in England to become community owned, without first becoming insolvent.The deal means Cheshire East Council will acquire the freehold of the existing stadium and site so that the club can consolidate its debts.

The football club will remain at its current home until a new stadium is built in the future.

The funding will also enable the club to convert from a limited company to a community interest company in which members of the public will be offered the opportunity to buy shares making the club truly owned by the local community.


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