Quote: RebelRebel "Perhaps it has, but it still makes the trust slightly more credible than something that you and your accountant could knock out in a morning. That's quite important, I would have thought, when it comes to lending out 2 million quids worth of public assets. And it still doesn't resolve the question of whether setting up a trust in this way is merely funding a private company through the back door, so to speak...'"
Hatfield is correct. You can set up a Trust/limited company in 4/5 hours.
If a trust to run the Cas Stadium has not been set up already it is not a problem.
With regard to your last statement (which may be an attempt at mischief - sorry if I am wrong), I am sure you know that The Wakefield and District Community Trust
is a Private Limited Company