This was prior to the stadium purchase. Albeit and the likelihood is that it was involved in the wider financing ahead of the stadium purchase.
The Club would have been discussing/negotiating the stadium purchase with Frasers for a while you'd have thought. Could be that the club needed to show proof of funds and this formed part of that. It could also be that some of the £15m was used to fund other operations of the club, as well as used to part fund the stadium acquisition. We know there is the charge over the stadium, so there is clearly some debt involved somewhere too.
Interesting that the cash has been put in from RCMA in the form of equity, rather than from Doug himself. Previous investment into the club was in the form of the £30m interest free loan from Doug King.
