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.
Red flags should have been raised as soon as First Land got involved, why did NTFC need another company between them and Buckinghams ? Buckinghams had built quite a few stands and I'm 100% sure that they could have done everything that was needed to complete that stand without First Land. When you think about why were First Land bought in, there is only one answer and that is to take money out of the pot, allegedly
