Board Meeting Summary

Meeting Date: Monday 28th June 2021

Sport Winter Survival Package

The Board, having agreed at its meeting on 14 June to take a £21.5m loan from Government’s Sport Winter Survival Package, convened to approve the formal documentation. The Board resolved formally to accept the £21.5m loan on the basis of a ten-year repayment period with a repayment holiday in the first two years, with resulting interest charges of around £2.6m over the full term.