York stadium funding takes the biscuit

Arsenal football club is in discussions with the Royal Bank of Scotland to issue a new £260 million 30-year secured bond to help finance the construction of its new £357 million stadium.

Arsenal football club is in discussions with the Royal Bank of Scotland to issue a new £260 million 30-year secured bond to help finance the construction of its new £357 million stadium.

York City, though ? five divisions below Arsenal in the UK’s Nationwide Conference ? has slightly more modest stadium financing needs. The team is on the brink of finalizing a £2.1 million deal to buy 75% of the shares of Bootham Crescent Holdings, which owns its Bootham Crescent stadium.

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