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But let's be fair, the Trust was only selected as the benefactors because YC didn't have the cash and neither did you as a club. The Trust was used to obtain money from WMDC (£2m) and the additional revenues from grants and such like. If the funding was there, there'd be no need to gift it to the Trust - it would have been given straight to Trinity to own without the need to pay rent, a la Lateral and Cas.'"
Well first of all lets deal with the £2M . It did not take long for the council to worm their way out of that one and I am certain that will never materialise.
Secondly I can definitely say right from the outset the council stated that 106 PLANNING GAIN MUST NOT GO TO A PRIVATE COMPANY, ITS ILLEGAL.
That is the main reason the trust was formed as there was no way in law a stadium could legally be delivered from the NM planning gain,other than it being gifted to a trust.
If we were told a load of Ballcocks back then, so be it .
If it was ballcocks, maybe they did not want the stadium to get into the hands of Ted, who knows ?
Sandal Cat may confirm the legalities.