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The Ground Deal (1 Viewer)

  • Thread starter Deleted member 5849
  • Start date Jun 16, 2023
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O

oldfiver

Well-Known Member
  • Jun 18, 2023
  • #141

Wasps to pay back £13.4m Ricoh Arena council loan "within days"

Club insists bond scheme which raised £35m is not to help owner shift personal financial risk onto investors
www.coventrytelegraph.net

So ACL had a secured loan with CCC which was interest bearing

In order to get DRs loan repaid plus Close plus working capital they had to repay the loan to lift the charge
 
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