Reply To: Swann Own’s The Ground And Land

Iron Bru Forums Blast Furnace Swann Own’s The Ground And Land Reply To: Swann Own’s The Ground And Land

#205330
SODIronSODIron
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Registered On: July 8, 2014
Topics: 27

No, the ground is now owned by Cool Silk, that is not the same as before.

If Cool Silk went into administration we could be locked out of our ground. Cool Silk could also use the ground and land as collateral for loans that are used to benefit funding for Cool Silk and not for the benefit of the club.

Whilst I don’t have any immediate short-term concerns about the change in ownership, I can think of numerous ways this could end in disaster for the club as a whole. This makes me feel uneasy, and the lack of information coming out of the club does little to address the unease.