and even that might not be too much of a problem

I really feel the stumbling block will be the existing loans for the main debt.
A year ago I reckon AXA and RBS would have been fine, carry on regardless.

Financial climate has changed, and its best for their business to take the chance to get the loans restructured to suit them.

Untill the credit market picks up, that is always going to be a massive hurdle.
Unless any investor is happy to do just that, and not take control.
As you;ve said before though, would anyone want to put that sort of money in, and not have a controlling say over how it was spent?

Posted By: megson, Jul 14, 10:33:14