Quote ="Jake the Peg"Interesting. If that's the case, how come saints were so skint during the build process?'"
Mcmanus still poured a lot of his own funds into the project, as well as modernising the training and youth facilities as an aside, and paying off directors loans we had outstanding from the early days of SL at the same time - i think McManus + sale of kr made up the remaining £10m for the stadium. I also think an element of idealism (a saints team in a saints stadium) meant we could have invested more in the playing side but chose not to - but that's more personal conjecture than what the accounts say.
I'll have a closer look on the saints accounts when they're published like I always do, but I'm 95% that's what was gleaned from last years accounts, and presume the accounts this year say the same...