Just out of interest, why does the proposed rescuer of the club need to bring a new - N registered having to be transferred on to the G - fleet? The club does have planes; or maybe he is intended to let the Newcastle Aero Club Ltd go under and then start again afresh....
I know IF is in pieces, but it's basically an OK plane with decent radios; UZ and WK are old and tired; and what has happened to RT? And RH, although mortgaged is decent enough, as is JV.
Not that changing the fleet is a bad thing; it just seems a slightly strange thing to do. Granted a C152 is cheaper to run, but will annoy Mr Parkin's 737s more on finals than a PA28.