Why on earth would Barnet Council loan £22M of public money to a Company whose owner is worth £300M ? If I were a resident of Barnet I would want my Council Tax reduced and additional funding of services instead.Barnet were supposed to be making a £22m loan to Saracens. Hope this doesn't go tits up like the one from the Council to Northampton Town's football club.
I think you're pretty much on it there. I'm not sure if the athletics ground is still there (where as Hounslow Borough champion I was our representative in the Steeplechase at the County schools championships in 1993), but there are myriad other sporting facilities at Barnet Copthall besides the Rugby.I think Saracens ground is a multi sports facility and used to the local community so imagine it has something to do with that.