Tony Campbell stated above that one of the reasons for the holding company being set up was that creditors "could not touch it",ie the ground itself.Two questions arise from that;
a.The way i read that is that creditors would not get any money from the sale of the ground should the worst happen.They would presumably include HMRC and many local businesses would not get their money,so what is the difference,morally,between what clubs like Cardiff and Pompey have done and what Argyle would do if they went into admin under the procedures outlined by Mr Campbell?
b.Who actually would get the proceeds if the ground were ever to be sold?
I understand what you said about the bricks and mortar etc,i guess that would all depend on the profitability or otherwise of the ventures involved [cinema,hotel,retail,etc] and who would own any land which had resale value.I'm not saying that i'm anti the proposals,just very concerned about the funding and where any shortfall could leave our club,which would be a fair definition of risk assessment for me in this particular case.It strikes me as very strange that supporters who supported the fire sale of 2007 [future of the club at stake etc] can now seem to be so seemingly unquestioning and supportive of a proposal which ,certainly in pure financial terms,represents a far bigger risk to the clubs future.Anyway,i do hope you're right about the hard headed businessmen making a sound decision,if everything goes well i don't deny that the proposals could be a superb facility.Maybe the retail outlets could include a Matalan-the players wouldn't have to go far for their suits then.