RE: New Investment.......... .................... ..........

Any major new "investor" would loan money to the club, secure it against the assets (the stadium), and charge interest on the loan. It means that they can get their money back even if the money is wasted. If the club defaults on the loans then the owners can take ownership of the stadium and then make money by renting it back to the club... that they own.

If fans want 'new investment' then Delia could simply take out a loan secured against the stadium because that is what new investors would do.

Posted By: Larry Hagman, Dec 26, 22:57:28