Exactly, there have been no specifics just that they will foot the bill if a CPO is successful. Leads me to assume that they would merely be acting as a placeholder before selling the land/airport on to someone else. Not sure whether an issuing authority would take lightly to such a tactic. Particularly if Peel can prove that whatever plans they have for the site would economically outweigh any realistic plans to reopen the airport.
It all has a whiff of electioneering about it. There was no mention at all of talks of a lease, so have they been unsuccessful? Perhaps a bit of brinksmanship again on that point.
EDIT: MP Nick (with his selfie stick) has announced this morning that the airport now can be saved, and that it is all thanks to him. There is the small issue of having to be successful with the CPO first but he’s not deemed that important to mention. Stranger things have happened, but won’t Peel fight this all the way to ensure they aren’t out of pocket? Could be a big bill.
Oliver has worded this carefully
In point 1, he mentions MCA money.
In point 2, it is funding package, in other words, they will receive a loan, hence why he didn't put it up for the vote