Quote: Backwoodsman "As you quite rightly comment a right riveting read indeed. I suppose eventually we will find out the identity of the funding company, or individual putting up the cash.
Seems like a good deal for them, highly unlikely that the lease payments would not be paid . I still think that it's not the best way to fund the scheme. I suspect the funding will be more expensive than the traditional way of borrowing money on the open markets . That way similar to purchasing your house on a mortgage you will eventually own the property.
Thus owning a valuable asset. As I commented before, it looks like a perfect scheme to eventually sell off the club when the devolpment is complete.'"
Presumably they've considered that as an option, unless of course the highly paid people they've consulted haven't considered it in which case apologies!
