NEARLY £5 million will have been spent on the Shay stadium by the council when the work is completed in the autumn. www.halifaxcourier.co.uk/news/Bi ... 5021605.jp

NEARLY £5 million will have been spent on the Shay stadium by the council when the work is completed in the autumn. www.halifaxcourier.co.uk/news/Bi ... 5021605.jp

I know, I read the courier site about 2 hours ago



As long as it gets finished, I aren't overly bothered how much it costs, as long as it doesnt lead to Astronomical Rent prices for the club.

what you want a blue peter badge,

Of couse it will impact the rent. There will be a business plan that repays the debt over a period of time. The more it costs the more the rent will be.

If you take a loan out over 3 years, you'd expect borrowing another couple of grand to cost you more over the same period.

What I don't understand is how the Council will have spent an additional £500,000 because:



Surely they will have spent £190,000 less, or they have £190,000 extra to spend

Easy Yob, you will give the council's accountants a headache. That’s not fair when they have got their GCSEs tomorrow.

Hey thats the Courier journo not the Council - they have put it the wrong way round.
Journos, came past some in Leeds today asking for a hoot to support them in their fight to keep their jobs.
You must be joking, journos = writers of total garbage and tellers of none truths!

How is it the wrong way round?

Surely it's not cost £190,000 more because they've been given £500,000!

New lease was only agreed and signed a few months back - will be a good while before the council can increase the rent plus there will be many more new revenue streams

Like I said Journos - make a story read how they want to put it.
Its the COURIER saying £5 million so people believe it looks like you have - never believe all what you read especially in Newspapers like the Worrier.
I have no idea what its cost its nowt to do with me, all I know is that the figure of £4.5 million has been mentioned, the Football Foundation money is supposed to be £190,000 so the Courier add £190K to £4.5 million and come up with = sensational news story £5 million.

They must also work for RBS with those kind of sums!

I am almost certain that the outstanding balance from the FSIF (Football Stadium Improvement Fund, which supersceded the Football Foundation) was around £312k. A very confusing article.

Either way, and I know some wont like this, it shows that SST did a good job. Who, 6 / 7 years ago would have envisaged CMBC putting £5m into completing the Shay? Must have taken some persuading.

I imagine having a national embarressment for a sports ground in the town was the chief persuading factor for the council. The chief thing that the SST managed was keeping solvent for all those years