Ashburton Grove funding now in place?

Last updated : 26 September 2003 By Chris Parry
The AGM is next Thursday therefore it's likely that an official announcement will be mader then, but reports would indicate that it's sorted.

You can read this story in the Guardian for the details, but this is how they are reporting the breakdown of the sources of the monies:

Achieved £15m debenture scheme
Achieved £50m from Nike sponsorship deal
Achieved £75m from housing deals with Wilson Connolly and Newlon Housing Trust
Pending £260m loan
Pledged £30m from Granada, sale of stock
Expected £25m from title sponsor

Grand total: £455m


Needless to say, if true, this is a great piece of news.