Quote Originally Posted by Geoff Parkstone View Post
He didn't lend DCFC the money to buy the ground, it was bought in the holding company Clowes Development UK. Sure it wasn't worth 80m but I understand that he paid £1 plus cleared the debt of 24m due to MSD (Dell)

27 years ago it cost more than that to build (£28m) so I'd say it might be "worth" 50m in today's money, but I'm no surveyor!

Anyway 24m for the ground/site seems likely "cheap" compared to original cost or whatever subsequent value you put on it.
I'm still confused by your "offsetary" comment. What has he offset against the loan?