Quote ="RebelRebel"Or because they don't have an appropriate community trust set up yet that would enable the council to legally offer the loan?'"
You are confusing the offer of Land Assets to both clubs with the Loan of £150,000.
The council did not offer the loan to W&DCT, they turned Sir Rod's request down, but they did agree to guarantee the loan, which was given by the CO-OP Bank to W&DCT.
AFAIK Cas and Fev have not asked for any loans from the Council and the Council have not acted as Guarantor to any such loans.