Quote Originally Posted by MadAmster View Post
We aren't the first FL side to sell their ground to the club's owner. Something like half a dozen have done it before us. Others have sold their grounds to investment banks and Hedge Funds..... Coventry anybody...... and there has never been a problem before.

My stance is, if it was OK when others did it, why is Gibson complaining now about us? Stinks of a bad case of the mardarses to me
IMHO the issue is not the act of selling in house but rather that the contingent liability note points to a £ 1 million pa rent, which would not tally with an £ 80 million fair economic value for the property, but rather a lower amount would be consistent. This sort of suggests that the profit on sale was over egged if that is all the rental is worth.