Nick Hood speaks about the future of Folkestone Sports Centre

Nick Hood from the administration group behind Folkestone Sports Centre explains there has been encouraging interest in the site

Transcript

00:00all our focus is on finding a leisure centre operator to take this site on.

00:06But there is this problem that, as administrators, we have an obligation to take the best offer for

00:15the creditors. It may not necessarily be the highest offer, but certainly the best offer.

00:21That's our legal obligation. It's enshrined in law. And so there is this sort of conundrum that

00:28we face that we fully understand that this is of huge interest to the community. I mean,

00:34this centre's been there 50 years. It plays a huge role in the health and well-being of an

00:40awful lot of people in and around Folkestone. So we've got that. But if we arrive at this point

00:48where the highest offer and the best offer is from a developer, well, then these covenants

00:54and legal opinion will come into play. Because, you know, clearly there is this sort of awful

01:00tragedy that if we can't find a buyer to operate the site, but we can't sell it to a developer,

01:08then one way or another, that's not an outcome that anybody wants, because what nobody wants

01:14is a derelict site sitting there not doing anything for the community in one way or another.