Around £3m to finish the stand, which will be added to the debt and then recovered when the land deal goes through.
Seriously how much do people think the land deal is worth, do you really think they have spent £7m and 6 years for a few hundred grand profit?
They need to recover £10m to break even.
I’m still left wondering what projected increase in revenue they will generate from the stand though? If the stand is to be an asset that is obtained as a result of the development then revenue generated has to be a significant part of any feasibility evaluation. Ultimately it’s not bunting put up to make the place look nice, it’s a revenue stream so the anticipated amount is a vital piece of information in all this.