SUPERMARKET GROUP Tesco is heading into court against Derwent Holdings (whose property interests span the retail and leisure sectors) over the redevelopment of Old Trafford. The Lancashire Cricket club’s upgrade is hanging in the balance and a delay could be critical. The LCCC has already borrowed heavily to build a conference centre and any prospect the overall project will not proceed would jeopardise its future and that of test cricket in the North West of England. It looks a like particular bullet to the foot in that both parties use sport to drive their brands. - 28/2/2011
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