What I’d love for him to be asked is where the money for all of this is coming from. None of his businesses have shown a profit — on paper, filed with HMRC, at least — and many have even failed to pay debts.
Hilton spent all spring trying to get loans from people he’d ripped off in the past, and when that predictably failed, he could not afford Glanford Park and the adjoining land.
Stadiums around the size of GP cost about £20-30m to build even before the price of resources began to soar. How can he afford something 10x the cost of something he couldn’t afford?
If the answer is subsidies from the town, he has a very poor track record there. (See links below for more on that).
Wages are also becoming absurd. I’ve learned that Chapman is on £1200 a week to now be a backup keeper in the NLN.
People may say that it’s Hilton’s private business and who cares so long as he funds the club, but that’s also what was said about Swann, Ron Martin at Southend, and many more. There’s going to be precious little profit should the club ground share this year, so fans are owed an explanation of how the club can spend all this money and where it comes from. If it’s debt on the club, that’s very perilous.
