Local community and sports facilities will also be protected under the deal, which was negotiated with administrators Mazars. Farsley Celtic went into administration in June 2009.

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The Council has also completed a deal to sell on the main part of the football ground to FC2010, the new name for the football club, but retained the ownership of the sports hall and land proposed for new football pitches as assets for the local community.

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Councillor Adam Ogilvie, executive member for leisure, said:
"We are delighted that we have been able to safeguard Farsley Celtic's facilities- especially the use of the sports hall by the local community and football coaching for young people in West Leeds.

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"Completing this deal also allows Chartford Homes to move on with plans for their proposed housing development, which includes making funds available for improvements to the sports hall and the creation of two new junior soccer pitches, improving the leisure facilities for the local population.

"We look forward to following the re-formed club in the league next season and wish them the very best of success in doing the city proud."