Blue Square Bet
Published 23rd August 2012
However, he admits to having been left frustrated by delays in the progress of the venture.
Despite a solid start to the Blue Square Bet Premier season, just 531 turned up at the 11,800-capacity International Stadium for Saturday’s home game against Forest Green Rovers.
The club needs crowds of around 3,000 to break even at the International Stadium.
The new purpose-built ground – proposed for Prince Consort Road on the site of the old North Durham Rugby and Cricket Club opposite the Civic Centre – would help alleviate that shortfall.
Two sets of tenants have thus far fallen through, but Wood is confident a third option is nearing fruition.
He said: “The stadium is still progressing, although much slower than I or anyone else would like. “However, we are still on the right track and it is hugely important we get there.
“We really could not sustain a team at the same level at the International Stadium for as long as we could at a new purpose-built stadium.
“It opens up an awful lot more avenues fur us.
“If we are going to have a sustainable future, we cannot expect me to bankroll it forever. My pockets are not that deep!
“Moving to a new stadium always brings the crowds in and in our case a purpose-built football stadium will create a better atmosphere.
“Progress is slow, frustratingly so, but we are moving forward.”