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Hamilton Accies confirm Broadwood move as upfront payment has 'immediate consequences for liquidity'
Hamilton Accies confirm Broadwood move as upfront payment has 'immediate consequences for liquidity'

Yahoo

time21-06-2025

  • Business
  • Yahoo

Hamilton Accies confirm Broadwood move as upfront payment has 'immediate consequences for liquidity'

Hamilton Accies have confirmed their lease at Broadwood has been ratified by the SPFL with the potential for the club to play in Cumbernauld for the next three years. Lanarkshire Live Sport revealed earlier today that the club's switch from New Douglas Park - following a dispute with the stadium owners - to Broadwood had been given the green light by the SPFL ahead of tomorrow's fixture schedule being released. Advertisement And now a club statement from Accies has confirmed to fans that they will be playing across the other side of Lanarkshire for the next two seasons at least, with the potential to play there in the 2027/28 season if required, as they try to find a new home within Hamilton. READ MORE: Hamilton Accies given Broadwood lease green light ahead of fixtures release READ MORE: Clyde launch search for a CEO as new post created in 'pivotal strategic move' Accies revealed they have paid a year's rent and costs up front as part of their agreement which has had 'immediate consequences for their liquidity'. The club has also been unable to secure sponsorship or sell season tickets as they awaited the SPFL's decision. Advertisement But they say their temporary relocation marks the 'beginning of a bold new chapter for the club'. The statement from the board of directors read: "To our valued supporters, partners, and the wider football community, "Hamilton Academical Football Club today confirms that, due to circumstances beyond our immediate control, we will temporarily relocate our home fixtures away from the Hamilton area for the 2025/26 and 2026/27 seasons respectively. Hamilton Accies director of football Gerry Strain, left, with club owner Seref Zengin "We have agreed a two-year lease with North Lanarkshire Council to play our home matches at Broadwood Stadium, with an option to extend for a third year if necessary. We are deeply grateful for the opportunity and support extended by our hosts. Advertisement "However, we also want to be absolutely clear: our long-term ambition remains to return to the Hamilton area at the earliest opportunity. Stronger, more stable, and better equipped to serve the club and its community. "This relocation has not been undertaken lightly. As part of our agreement, the club was required to commit to paying a full year of rental, operational, and security costs upfront, a significant financial obligation that has had immediate consequences for our liquidity. "Compounding this challenge, since May we have been unable to sell season tickets, generate commercial income, or secure a shirt sponsor while awaiting formal confirmation of our league participation for the upcoming campaign. "Despite these clear disadvantages, we remain undeterred. Advertisement "This move marks a turning point. A rebirth for Hamilton Academical Football Club. Our time away will be used strategically: to rebuild the club's financial strength, establish proper governance, and put in place a modern, accountable Board of Directors that will uphold the highest standards of compliance, professionalism, and ambition. Hamilton fans in the stand at New Douglas Park -Credit:Adam Law "We are committed to becoming a club of integrity, purpose, and innovation. Not just for our fans, but for the wider sporting community. In this spirit, we extend an open hand to potential partners, allies, and fellow clubs who share our vision for sustainable, community-driven football. "We understand the emotional impact this temporary move may have. We apologise to our loyal supporters for the inconvenience, but we promise this: we will fight for our future, and when we return to Hamilton, it will be with a club that is revitalised and stronger in every sense. "This is not the end of our story, it is the beginning of a bold new chapter." Hamilton's first league game at Broadwood will be revealed tomorrow at 9am when the SPFL release the 2025/26 fixtures.

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