Hazel Grove Forum

A Suburb in Stockport

10 10 / 10 from 9 Reviews

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Limecat posted..

[QUOTE=Drifter]Isn't the loaning of money the business of banks?
Why didnt a bank lend them this money? was it because it was to risky?
Are Stockport Council starting a loan service?
Wont this make bank employees redundant?
And who the hell gave Stockport Council the right to gamble rate payers money on failing businesses, shouldn't this money of been best used to cover the wages of some poor public servant that was made redundant recently?
If this money isnt returned as you say, later this year, are you going to resign for incompetance, thats if you are re-elected.[/QUOTE]

What a complete load of crap.

Do you not understand what was written above about it being GUARANTEED? (Ok, I suspect they will only guarantee the sum and not the interest that the council would get but hey ho, you are still ignorant of facts presented to you).

It's not like Councillor Hogg has walked into a casino and slapped 360 monkeys down on red or black FFS.

I hate County, not as much as ManUre or that vile lot that throw money at it but I sure as hell wouldn't want to see them fold.

180k as a GUARANTEED loan which the council will make a percentile mark-up on and help to at least prolong the club seems a smart idea to me.

Both home and away games bring money into the local community, certainly a damn site more than 180k...

Pubs/clubs/hotels/catering/parking/coaches/printers etc.