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£810,000 loan for Notts County Cricket Club upheld by Rushcliffe Borough Council

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A COUNCIL committee has upheld a decision to turn £810,000 worth of loans to Notts County Cricket Club into a grant.

A committee at Rushcliffe Borough Council met last night after Liberal Democrat Councillor Sam Boote challenged the original decision.

The council gave the club a £1.2 million loan in 2007 to help build the Bridgford Road stand and floodlighting. In return, the club launched a community project in Cotgrave for young people.

The council agreed to convert £810,000 of the loan into grants to reflect the work of the project. Conservative Councillor John Cranswick said: "This has been a massive benefit.."

But Mr Boote said: "I don't yet have enough information that the hand-out is buying a reasonable benefit that can be adequately explained to taxpayers."

£810,000 loan for Notts County Cricket Club upheld by Rushcliffe Borough Council


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