Council close to London Road deal

The council plan to develop a community project, encompassing a stadium, if they complete the purchase.Council leader Marco Cereste told BBC Cambridgeshire: "We have come to what I consider to be an amicable decision."Now we're working through all the legals, but it's subject to the full council. They may say 'no Mr Leader, you can't do it'."A decision is expected in three week's time.London Road is currently owned by Peterborough United Holdings Limited - with the Posh having a rental deal in place until 2014.

Source: Team_Talk