Britain's Protest Malaysian Developer By Sending Floating Briefcases Of RM10 Down Bristol River

6 Sept 2018

 

Malaysia-based YTL Corporation’s plan to redevelop Brabazon hangar in Bristol, UK into a sports venue and conference centre with a 12,000-seat arena has surpassed a major hurdle, reported news website BristolLive.

This is after the Bristol City Council confirmed on Wednesday (4 Sep) that it has dropped plans to build the arena within the city centre in Temple Island. This opens the way for YTL’s proposal to construct an arena at its Brabazon hangar property at Filton Airfield.

But on Thursday (5 Sep), Twitter account @totterdown_ posted an image of a briefcase filled with RM10 notes floating on a canal in Bristol as protest against YTL’s plan to build the arena outside the city centre.

“Malaysian cash keeps floating into #Bristol guess someone is maybe trying to make a point about the @bristolarenal and YTL,” said the tweet, which included the hashtag #SaveBristolArena.

The news website revealed that Twitter account has been a vocal critic against the plan.

In March 2018, YTL announced that it intends to turn its recently purchased Filton airfield and the nearby Brabazon Hangars into a world-class sports venue, conference centre or exhibition space that can compete with Birmingham’s NEC and London’s O2.

“We know we can produce a really first-class arena, which would look different to any other venue in the world,” said Colin Skellett, Chairman of YTL’s property division in the country.

He also said back then that they are considering to seek funding from both South Gloucestershire Council and Bristol City Council to improve the area’s connectivity.

“If you get the transport right this is not some site outside of Bristol, it is part of the city,” he added.

 

Image sourced from The Edge Property

 

This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email editorialteam@propertyguru.com.my

 

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