Alan Hardy has revealed that he is looking into the possibility of building a hotel or apartment block next to Meadow Lane.
The Notts County chairman has identified wasteland next to the Kop end as a potential spot upon which to build property and in turn reinvest in the club.
One potential source of inspiration is the apartment block next to Leyton Orientβs Matchroom Stadium, where residents have a balcony with a view overlooking the pitch.
Another option which has been mentioned is that of redeveloping the entire Kop stand to incorporate flats or hotel rooms - any plans would need to be submitted to Nottingham City Council before any work could happen.
βWeβre talking about how best to leverage that area, whether itβs a hotel, residential or retail, and working with some architects on a masterplan," Hardy told the Nottingham Post.
βWeβll use that money to help fund a new training ground complex, which weβre in negotiations about at the moment.
βWeβre talking to a couple of hotel chains and seeing what could be possible. One of the things thatβs on the drawing board is whether we demolish the existing Kop stand and replace it with something thatβs modern.
βThe seating section would be an integral part but the upper levels above could be conference rooms and restaurants, and then higher up could be apartments or hotel rooms.
βWeβd have to make sure itβs viable but also that it would have long-term benefits for the security of Notts County.
βI was down at Leyton Orient at the end of last season and theyβve got apartments in the corner overlooking the pitch.
βA lot of clubs in League One and League Two donβt tend to be owned by foreign multi-billionaires, but by reasonably successful businessmen and women.
βSo they either have to use their own personal wealth to prop the club up or have to find a commercial proposition to assist them on the way.
βOrient have done a great job in developing the area around the ground and we might look to do something similar.
βIt might be that we put apartments there and rent them so the club will have a bankroll of money coming in every month.β
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