kentblues
Director⭐
Unfortunately is the training ground not also subject to a charge as well? I don't think there is anything material land/property wise that is not subject to borrowing /a charge. I seem to remember the Dellals also have charges over elements of the development site? I think pretty much everything has been leveraged which is why we are where we are. That said its a £500m development at stake so compared with that you suspect/hope a solution would be found (note even if something is subject to a charge its not impossible to leverage for further borrowing either though or with the permission of the existing chargeholder).Am I the only one on here who was encouraged by the excellent summary by @Liam AAS ?
It does seem like Ron was being mischievous with his words by saying that he won't be putting any more security up. Jack owns the training ground.
Or have I missed something?
We will just have to wait for Friday. As always there is much more we don't know than we do..