My question would be why the council, as minority shareholders, were not kept
in the picture regarding this debt to the main company.
BB have run up a debt out of proportion to the size of the business - I find that 19 million owing to themselves as bizarre - In fact what have BB lost.
Oh yes the council - They I suspect did not want to know - To busy spending the £6 million contingency fund, from the sale of the airport.
If the airport is stripped of assets, it is not reopening.
not only the light bulbs but they could also strip the runway to the point it
could never be used again. And they have the equipment to do it as well.
That is not going to happen.
I keep reading press reports that Blackpool are 500,000 a year then reducing to 260,000 in 2013 and blaming that fact.
No mention of FR leaving the airport because of the ADF - That's when BLK lost it's buzz and started going downhill.
Might as well shut the book, the last chapter is finished. Because of a few million quid!! A pittance by BB standards,