RobSpurs
Player Valuation: £2.5m
I know you like to be pessimistic but this will pass quite easy, there nothing dodgy about it, it’s LCC getting a loan and in return getting £175 million back in interest over 25 years, Everton are a multi multi million pound business, we arnt a shady corporation.
The West Ham stadium went through and that was far far worse with the council getting nothing in return
It was a bit worse than "nothing in return" in fact...
http://uk.businessinsider.com/west-...al-council-40-million-for-stadium-move-2017-9£40m loan for West Ham to move into Olympic Stadium 'may never be repaid to council'
An East London borough has admitted that a £40 million loan which helped Premier League club West Ham move into the Olympic stadium may never be repaid.
Newham council said the loan was "damaged" and would only be recouped if the sports and music venue started making money. But town hall insiders said the borough appeared to have given up any hope of getting back the cash because of the poor financial performance of the stadium.