Leeds director warns regeneration is now or 'never'
Briefly

Leeds director warns regeneration is now or 'never'
"Leeds is ready for it. If we don't get it done this time, it will never happen. It does need to be done in a timely manner though because people like myself and the capital that we have won't sit around for 10 years because we can invest wherever we choose to invest."
"The football club is managed properly. The football club has the capital to do the expansion. If the government can actually allocate the capital, and build the infrastructure, then we can create jobs, unlock opportunities and bring more people into the local economy."
Leeds United's director Peter Lowy has called on the government to support plans to regenerate the Elland Road area, emphasizing this is a critical opportunity. The club received approval from Leeds City Council in January to expand the stadium from 37,645 to approximately 53,000 seats. Lowy, an Australian billionaire whose family founded Westfield, views this expansion as a once-in-a-generation chance to revitalize south Leeds. West Yorkshire Mayor Tracy Brabin pledged to build a mass transit system, though delays emerged in December. Lowy stressed it is now or never for the wider project, warning that investors like himself will not wait years for infrastructure delivery. He met with Chancellor Rachel Reeves to discuss funding a light rail system from Leeds station to White Rose with an Elland Road stop.
Read at www.bbc.com
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