This is a genuine question about the bid by Brent;
I understand that the football debt will be paid at 77p/£ by the club over a period of 3 years? I also understand that the Lombard mortgage will be settled by the council buying the ground?
Does this mean that Brent is putting in no money of his own other than building his hotel on the ground attached to the south stand?
As far as I can see (ignoring the integrity and honesty issues) the only difference between Brent and BIL is the council involvement. I would rather see Brent than BIL for obvious reasons however I have been wondering for a while whether it is fair or even sustainable to lumber a struggling league 2 club with the football debt?
Like it or not the time for questions like these is now, I am not trying to de-rail a bid but I would like to have the freedom to question the new regime.
I understand that the football debt will be paid at 77p/£ by the club over a period of 3 years? I also understand that the Lombard mortgage will be settled by the council buying the ground?
Does this mean that Brent is putting in no money of his own other than building his hotel on the ground attached to the south stand?
As far as I can see (ignoring the integrity and honesty issues) the only difference between Brent and BIL is the council involvement. I would rather see Brent than BIL for obvious reasons however I have been wondering for a while whether it is fair or even sustainable to lumber a struggling league 2 club with the football debt?
Like it or not the time for questions like these is now, I am not trying to de-rail a bid but I would like to have the freedom to question the new regime.