Bradford have confirmed they will be remaining at their Valley Parade home next season.
Speculation had suggested the Bantams were contemplating a move away from their home of 108 years across the city to Odsall Stadium, the home of Rugby League side Bradford Bulls, after worries over rent on an adjoining office block next to the stadium.
However, joint-chairmen Julian Rhodes and Mark Lawn and shareholder professor David Rhodes have set up their own parent company, BC Bantams Ltd, to purchase the block, owned by Prupim, which incorporate the Bantams Business Centre and the club's ticket office.
Julian Rhodes said: "This move does help to ease all of our more pressing problems and means that we are saving the club a lot of money in the process.
"I'm not saying it solves everything but it means we will be able to stay at Valley Parade next season."
Meanwhile the Bantams, who finished 18th in npower League 2 under the stewardship of Peter Jackson, are expected to announce the name of their new permanent manager later this week.
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