Vaux Site...Sunderland Council and 'Who Built the Arc'

There is a rumour running that Sunderland Arc...who have grandiose plans for places they don't own now intend to try and 'steal' the Vaux site (owned by Tesco's) because they have found a 'key tenant' allowing them to finance the deal, and for the Council to CPO the site from Tesco who bought it for £9m after it lay derelict for ages.
The key tenant is allegedly Sunderland City Council who could, and should, have bought the site in the first place. The rumour is that they intend to move from the Burdon Road site where they currently reside.

You just couldn't make it up!