Lightfoot Green will remain Preston Grasshoppers home for the foreseeable future.
The Hoppers, which has been based at its present ground for the past 40 years, had conducted a feasibility survey into the possibility of moving.
However, the management committee, after conducting an extensive search for the best location combined with forensic costings for new facilities, current land prices and extensive discussions with possible developers, decided the club@s best option was to remain at its current home.
“With building costs escalating combined with the fact that infrastructure costs for a development would be borne by the land owner, it became apparent that proceeds from a sale of our land could be insufficient to allow us to relocate and provide excellent facilities,” said
Club Chairman George Erdozain said: “While we are disappointed that there is no immediate possibility of a move to enhanced facilities we can now concentrate on improving our present ground.
“Our research has indicated we could scarcely have a better or more convenient location than Lightfoot Green, but we continue to remain open to all options.
“We are indebted to all those who have put in so much work over the last two years particularly our professional advisers, John Chesworth of Harrison Drury, Andy Taylorson of Eckersleys and Charles Nixon of Thornber Walker, who provided their expertise on a pro-bono basis.
“Hoppers is a loyally supported and a much-loved club.
“We’ll continue with our focus of raising funds to improve our existing facilities so we can continue to field six senior sides, a ladies team, two colts sides and several hundred mini Junior players – not forgetting our squash, archery, shooting, cricket sections and a fast-growing cycling club.”