Nottingham City Council is pushing forward with plans to sell the land Nottingham Forest’s City Ground stands on.
At a meeting of the Executive Board, it was agreed to put the freehold up for sale to the club.
Council documents indicate it is looking to complete the disposal in 2024/25.
It follows confirmation from the leader of Nottingham City Council, Councillor Neghat Khan, that the council had agreed, in principle, terms for the sale of the land to Nottingham Forest.
She added: “This allows the club to press ahead with its ambitious plans to expand the stadium, while securing a significant capital receipt for the council.”
Nottingham Forest, however, has said that any decision to purchase the freehold will be entirely conditional on the football club first being granted the relevant permissions that will allow it to realise its plans for a larger stadium capacity, world-class hospitality spaces and associated real estate development. Decisions on these plans will be in the hands of Rushcliffe Borough Council.
The news comes after negotiations for a lease extension reached an impasse earlier in the year, with the council requesting a larger sum for the lease.
