Quote Originally Posted by BCram View Post
I think it unlikely that the estimated ?95m cost of the stadium will be paid before any money is ploughed into DFC. Getting a mortgage will be the way our club can pay for the new stadium. Must be a massive amount to repay. Could be the deal breaker that means the stadium is not affordable. Using mortgage calculators you can get a feel for the possible annual cost of a ?100m mortgage taken out over 40 years. It could be ?500k per year.
The meltdown in the US stock markets might have finally scuppered Nelms?s plans for his new stadium development at Campy Nou as banks will be reluctant to lend substantial funds of money in case there is a worldwide recession.