As Gateshead found out the EFL regulations require a 10 year security of tenure agreement. So unless DK pleaded a special case there is a problem looming
DK is in same position - as regards assets
We don't know what the paid for Club or where he got the money
We do know he has taken on a very short lease period problem he will have to resolve soon. Something he tried to avoid by buying the stadium
There were only limited discussions because Hoffman backed Storey who in turn had people supporting him.Whether that prompted DK to act quickly - I have no idea
Their biggest mistake was to lend to a separate company that had no assets. WASPS Finance only had a guarantee from within the Group and no access or rights to the Stadium Lease. Their only recourse was to enforce the guarantees but that still did not mean they controlled the primary asset
A lovely memory of your Dad, it sounds as though we were of a similar era and had the same experiences
My condolences for your loss and hope you will continue in your Dads footsteps on the Forum