But if the CIC became insolvent then they can put their stake up for sale surely? That would then leave us in the exact same situation as we are in today. Yeah, they probably won't get £2million but I guess if the CIC was to fail it would be a couple of years down the line meaning the debt to be repaid is significantly less.
I'm guessing social funders dont quite work the same way as banks either in regards to missing payments etc.
Can't see the risk to the stadium to be honest, can't imagine the ground is worth much anyway!