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Of course Local Authorities would need to have the inclination (even through periods of political change) and the monies to do so.
Just look how well Hammersmith and Fulham have taken care of that fantastic community sporting facility erm The Linford Christie Stadium.
You could also look at the ways that Local Authorities have cared for School Sports centres which provide the opportunity for kids to play sports and provide notwithstanding the health and social inclusion benefits.
A bit like the way Ealing let Warren Farm be used as a council depot for thirty years.