Breaking: Council hands running of Keepmoat to Doncaster Rovers - VIDEO

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Doncaster Council’s cabinet has agreed to finalise negotiations for Doncaster Rovers to take over the financial and managerial responsibility for running Keepmoat Stadium.

VIDEO: Press the play button to watch David Kessen’s video report - including reaction from Doncaster’s elected Mayor Peter Davies.

Breaking News: For more keep returning to the web site.

Breaking News: For more keep returning to the web site.

See The Star for full reaction and more tomorrow.

Subject to appropriate agreements being confirmed, the cabinet’s decision will see Doncaster Rovers pay the council an inflation linked £100,000 per year and take over responsibility for the existing loss making operation from the current council owned Stadium Management Company .

The deal would protect the rights of the Belles, the Dons and Doncaster Athletic Club provided they continue to pay for their use of the stadium, while Doncaster Athletic Club will be given more control of the track.

Community focused activities with schools, the disabled and amateur clubs will continue at the stadium as will the regular Sunday car boot sales.

The Rovers tenure over the stadium and their training ground at Cantley Park will be extended to 99 years and this will provide them with greater security.

Mayor of Doncaster, Peter Davies, said: “It is well known that the stadium is losing money and the cabinet’s decision seeks to provide a long-term financial solution which will protect the taxpayers of Doncaster from unnecessary expenditure in the future, whilst at the same time securing the futures of the town’s key sports clubs at the Keepmoat.

“Doncaster Council should be concentrating on its core business and quite frankly running a stadium is not what the council should be doing or has the skills and expertise to do well. It is unfortunate that we need to pick up the pieces of poor decision making in the past, but we have to find an appropriate solution so we can move on. The decision we made today allows us to do just that.”