SDSR:- A Naval 'Victory'.
HMS Victory has been awarded a £20 million grant from the MoD for restoration work over the next decade. 400 Jobs are secured.
Notwithstanding the heritage involved which should be preserved, you have to question the argument of MoD money versus a Trust or indeed National Lottery or English Heritage grant. The 400 jobs will all be civilian jobs associated with a 'tourist attraction' that could have benefited from Management in the civil sector or corporate sponsorship. ....and no I am not suggesting Victory adorned with a Red Bull livery!
The RAF Museums(s) and the FAA Museum, & Museum of Army Flying are all ran as profiterable companies, why not the historic ships?