Hmmmmmm....... having dug around on the CCC website I found:
that includes the following paragraph:
"Discussions are continuing with the key stakeholders, namely Truro and Penwith College, Inox Group and the Cornish Pirates Rugby Football Club who have come together to form Cornwall Community Stadium Limited, and also Truro City Football Club on a range of issues, including how the project could be funded."
Based upon a little knowledge (always dangerous), common sense and statements in the public domain, we have got to hope that as my esteemed Pirates regular friend said "Dickie will put the money up" he does, because if you take a good look at the Inox website, they are a company all about investment, and that means getting a return.
Simply by putting £20m in the bank in a basic bond that's a return @ 3% of £600k per annum, so commercial confidentiality notwithstanding I can see why people are asking for financial transparency.
Edited 1 time(s). Last edit at 10/04/2012 19:56 by Kentish_Exile.