Hayes & Yeading are set to sign a new naming-rights deal for their unfinished stadium.
Previous sponsor Sharda Glass, who signed a deal with United in December 2012, went into administration in December and was bought by Consensus Capital Private Equity Ltd.
United’s new Beaconsfield Road home would have been called the Sharda Glass Community Stadium but the company’s demise has led to a collapse in the naming deal.
That leaves the club, which was given a huge boost in their bid to get work restarted on the ground this week, free to seek a new backer.
Chairman Tony O’Driscoll has already got another sponsor lined up, with a three-year believed to be in the pipeline, and a contract could be signed in a matter of days.
It represents a clean slate for O’Driscoll as he looks to get the Beaconsfield Road project back on track after a difficult start to his time at the helm.
But the Hayes & Yeading chief admits the club are now unlikely to receive all of the funds included in the original Sharda agreement.
“I believe it was due to be paid in installments,” O’Driscoll said of the Sharda naming deal.
“I don’t believe we had the money we should’ve had in. In fairness, I don’t think it’s their [Sharda’s] fault. When it was sold to them, they were under the impression we’d be back playing in there by now and it would’ve been of some use to them.
“I don’t think it’s a case of them not paying. I think it’s a case of us not following it through and we are having a clean break now and somebody new coming in. It’s all positive.”
O’Driscoll is set to speak with a prospective new building contractor on Thursday with a view to getting work restarted on the site.