In March 2010 Cambridge Fans United started a project to purchase the Abbey Stadium from Bideawhile 445 Ltd. The attempt was unsuccessful and the stadium was sold to Grosvenor Estates for £3.5m. Positive talks between the club and Grosvenor have resulted in a "significant" rent reduction from the annual £240,000 being paid to previous ground owners Bideawhile over the next three years. Cambridge United, Grosvenor and their development partners, Great Shelford-based Wrenbridge, have also shaken hands on a memorandum of understanding to consider options for a new community stadium in Cambridgeshire.