Insufficient due dilgence and the financial standing of the developer.
#Woking have a large catchment area so have big potential as a club. £250m is the level of the revolving facility so constitutes the maximum commitment. There are some potential issues on this proposal but I just don’t see the deal structure as one.
-
-
Potential has been cited for 30 years and yet attendances rarely break 2,000 for a home game. Look at AFC Wimbledon. Bigger club & history of league football building an 11,000 capacity stadium and 600 homes, and there has been a gargantuan effort to fund that, not a council loan
-
Then finally, this: https://nao.org.uk/press-release/local-authority-investment-in-commercial-property/ … The NAO flagging the risks in Feb 2020 of councils playing the commercial property market - £6.6 billion spent on commercial property from 2016-17 to 2018-19 – 14.4 times more than in the preceding three years with SE England skew
- Antwoorden weergeven
Nieuw gesprek -
Het laden lijkt wat langer te duren.
Twitter is mogelijk overbelast of ondervindt een tijdelijke onderbreking. Probeer het opnieuw of bekijk de Twitter-status voor meer informatie.