Quote ="Ruddy Duck".
And why when he sold the Latic's, did he not excude the Stadium from the sale and instead donate it to the Council so that both club had equal rights as it should been when the idea of a joint stadium was first suggested at the meeting in 1994.'"
I think we all know the answer to this which is because the football club are essentially worthless.
Selling with the stadium he recouped about 22mil of the money he had put into the club (on the balance sheet the stadium alone was worth about 25mil at the time)
Without the stadium he wouldn’t have sold the club, or would have got the max of a million quid for them.
It’s the same reason the bahranis paid 3mil for the club. They knew it was the way of buying a 20mil stadium for a pittance. They’d have paid no more than £1 for the latics, which is what they essentially did as the admins made it a condition of stadium sale
