Thank you GPC for your understanding.
If the money was drawn down in 4 or 5 stages it does not seem logical, if my understanding is correct, that 2 million was spent on building and 8 million on profit for somebody!!!!?
Lukey, I can blame the Council because they are supposed to employ professionals to oversee all aspects of our tax spending! So why was ALL the 10 million paid over?
Grange's points are accurate. Though, just to add, the money was initially paid out in increments of around about 1.5m when, and at a point the club had already failed to meet its specified targets (including initial repayments), some numpty at NBC decided to pay out a lump sum of over 4million. Negligence or something else; you decide?
ETA: Red flags should have been going up as soon as the club started transferring massive sums over to First Land.