I thought the ?3.25m for the Corner infill was financed from the cashflow

associated with the projected profit (no tax payable due to tax losses brought forward) for the 04/05 season as referred to in the last Annual Report of NCFC.

The ?5m (I think it was five it could have been six) referred to in the last Annual Report was surely for the following :

?3.25m Corner Infill
?0.5m Pitch
?0.5m Jarrold Stand
?1.2m Redemption of Pref Shares (although most of this was not used to redeem the pref shares)

Posted By: oh arr, Jul 15, 02:25:18