MikeN":3jmnxj5k said:But the fee for just the grandstand development would have been considerably less, and could have been taken from the Hallett loan. As it stands, an application that probably would have been waved through is held up, both in the development of the hybrid submission, and the formal planning process, and the club is presumably paying interest on the loan.
1) No one would borrow money like that. It's probably in a escrow account, waiting to be drawn upon, so no interest charges apply. That's almost standard practice on about big project I'd suggest.
2) The only delay is what four weeks, no biggy as such as they will have made provisions for this. If it delays into 2018 then I think a few more would agree with you, but December 14th is the chosen date, and work can still start in January I'm sure.
3) Why on Earth would you take money from the 'Hallett Loan'? This way, all that money will be spent on the stand not a massive wad of paperwork, solicitors and architects etc.
I'm sure sometimes, people that say such things have zero idea of business and have listened to the rampant ramblings of some idiot that worked in a toothpaste factory or something.