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Old 28-11-2004, 20:06   #8
Sparkologist
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Re: burnley sell ground

Quote:
Originally Posted by Fearon1
There needs to be a clause in the contract where it says the only buisness BK and mr sullivan can sell turf moor and gawthorpe to is BURNLEY FOOTBALL CLUB.
How do you know that there isn't a clause in the sale and lease-back contract which is to this effect? Have you seen the contract?
By doing this deal, Mr Kilby has protected his investment and the future of Bunley Football Club. If the bank thought it was in its financial interest, it wouldn't hesitate to call in the loan; sentiment would not play a part in the decision.
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