Quote Mild Rover="Mild Rover"[urlhttp://www.yorkshirepost.co.uk/news/at-a-glance/main-section/exclusive_costing_error_forces_hull_kr_stadium_delays_1_3705297[/url
Delay to North stand down to the developers getting their numbers wrong, according to the YP.'"
Will be interesting to see what happens next. The previous cost of £6.5m was going to be borne as follows:
ERDF Funding 2.3m
Enterprise Hub etc 2.3m*
Hull KR (Stand cost) 1.9m*
Total 6.5m
* Via central government loan, interest rate and term tbc.
I think they're now saying that the cost is actually around £7.3m, so it remains to be seen how much of the overruns are attributable to understimating the stand cost, which Rovers will pay for, and how much the Enterprise Hub pays for. On a pro rata basis would be another £200k ish for Rovers to borrow, or maybe a simple draw-down from the soft loan from Mr Allam.