Nine months ago, the council agreed to push back the deadline for repayment of a 7.5 million loan by seven years and to convert a 2m debt due to the council into shares in the centre, which is owned by the council and run by a board made up of councillors and private sector representatives.
A report, to be debated at the council's enterprise, planning and infrastructure committee, recommends taking over control of AECC and its assets.