HMS Victory NOT FOR SALE............
We are all aware of the 10 October Defence cuts. It does seem however that Portsmouth Dockyard has been saved for the time being with some new naval vessels coming on line (one being mothballed) and a carrier with no aircraft for a decade.
Source: Royal Navy Web Site.
HMS Victory will remain part of the Royal Navy. We will not be giving her away or decommissioning the ship. It is currently run by the MoD Civil Servants in the form of the "VICTORY GUIDES" some of these are ex Navy personnel show the public around the ship.
The consultation is designed to produce a relationship between the RN and any of the options below which secures the necessary funding and the long term good health of the vessel, without the Royal Navy and the public losing control of the ship.
We are committed to securing her future and want to make sure that she is as well looked after as possible in her old age. That is why we are looking at a range of funding options for the continued support and ongoing maintenance of the ship.
Considerable expenditure will be required over the coming years to maintain her material state, and we will consider options that will secure these funds. These will include: maintaining the current status quo; alternative public ownership by another Government Department or Non Departmental Public Body; a new independent Charitable Organisation, either a company limited by guarantee or a charitable trust; or an existing Charitable Organisation.
In her 243rd year, HMS Victory is the oldest commissioned warship in the world and as such has numerous and complex maintenance requirements. The review will seek an arrangement which guarantees this future material support. Contributing to the development of Naval Heritage in Portsmouth , continuing access for the public and maintaining her status as flagship to the Second Sea Lord are all important conditions of all the options under review.
Second Sea Lord Vice Admiral Alan Massey said:
"We are extremely proud of HMS VICTORY, a truly iconic part of our maritime heritage. This unique warship is at the heart of the Royal Navy and there has never been any suggestion of giving her away or decommissioning the ship. This current media speculation concerns a study which seeks to guarantee the long term future of HMS VICTORY as she undergoes essential maintenance work.