My understanding is that our loans were secured against the stadium and future tv money/parachute payments and that's why they were agreed by the lenders. But it seems that once the TV money and parachute payments have run out the club will still be in debt leaving just the stadium. Yet more financial shenanigans from WFC while jeopordising the stadium and the clubs future. It seems the club had no intention of using the TV money/parachute payments to fully pay off these loans. When Scott started trying to cover up the seriousness of the financial dangers WFC faces it was really time to start worrying.