Re: Salford Council : Thu Feb 03, 2011 11:42 am
I am amazed how some people on here try to link this to Swinton Lions.The original posting was about a £1 million pound loan to Salford not Swinton and the ability for Salford to repay taxpayers money(wich may be in doubt due to economic forces) and then it went on via myself to question if it is correct for the council to be loaning money to as you have quite rightly pointed out a fully professional organisation which should operate in a proper market and be subject to market forces as most businesses are mine included and at a time when real people many of whom will live in Salford and maybe even are Salford fans.
If this was all so transparent and above board why then was it a leaked document that brought it to the attention of the MEN (a sponsor of Salford i believe).
I totally agree with the comments regarding the Lowry and the way it is also funded, it is after all a poor attempt at a small scale Trafford Centre but as the BBC and media city are now paying probably large ammounts of rates to the council i can see they would have wanted some kind of sweetner.
Fact is in the current times of austerity and people loosing Jobs the concil should be looking closely at it's spending, one wonders if any business in Salford would be offered such assistance when cash flow runs out.
As for the stadium good luck to them as of course this is also being funded by outside monies from peel holdings so all the burden isn't falling on the taxpayers shoulders.