Managers of Birmingham’s Hall Green greyhound stadium said it was “business as usual” – despite fears the venue’s £3 million sale could see it bulldozed.
The York Road dog track, which has staged racing for nearly 90 years,
But racing experts said they believed the sale could spell the end of dog racing on the site.
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The Hall Green site is currently let to the Greyhound Racing Association after a 15-year term to 2028 was agreed – but the agreement is subject to a break clause after five years.
Clive Feltham, managing director of the Greyhound Racing Association, said: “Euro Packaging is a big packaging company which looks to have taken a punt on the site.
“It’s business as usual for us, although there is a five-year break option.
“But any development would be dependent on the owner securing planning permission, and we all know that is by no means simple.
“In the meantime, we are paying a commercial rent for it and there is no reason for that not to continue.”
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Racing Post chief greyhound correspondent Jonathan Kay warned the sale raised concerns over the future of dog racing at Hall Green, amid fears the new owners could push though plans for housing.
was the subject of a pre-pack administration in September 2009.
The pre-pack deal was hailed as saving 200 jobs in Birmingham and more than 800 worldwide, when it was bought back by former owners the Majid family.
It later emerged that dozens of small suppliers and an eight-strong syndicate of banks had been left out of pocket to the tune of £76 million.
No-one from Euro Packaging has made any comment on the sale.