Faced with annual interest costs of £231,400 on its Sporting Village loan and (according to the Echo) a potential monthly electricity bill of £23,000, making over £500,000 per year in total, a council spokesman is quoted as saying the borrowing, and presumably, the spending was “under control” and would be managed as “more land sales are achieved.”
It’s not surprising therefore that we ask… “Is the HCA and college land sell-off going to help fund the Sporting Village also ?”