Tracking the developing fortunes (and names) of Swansea's new sporting stadium.

Wednesday, July 27, 2005

CITY LOAN WILL BE PAID BACK

27 July 2005

Your correspondent J S Moran, of Birchgrove, makes a number of points in regard to the announcement that the council is to extend its loan to The New Stadium Swansea by some £337,000. J S Moran makes out that this amounts to a gift, but lets make it clear - this is a loan which will be paid back to the people of Swansea. J S Moran also attempts to mix up the issue with the cleanliness of the city centre - something which the council is urgently trying to tackle after decades of neglect.

What is more, this loan is essential for the new stadium to get the best launch possible and will ensure that it delivers for Swansea a stadium which will pay back dividends to the people of this city far beyond a mere repayment of a loan.

To penny pinch and deny a relatively modest increase in an existing loan agreement would be ridiculous at this stage in The New Stadium Swansea's birth. I would find it difficult to believe that anyone with a real care about this city and its future would want to see the stadium fail.

However, on checking the electoral register for a J S Moran in Birchgrove, no such name actually exists, so I am left wondering as to the writer's identity and real motivation in trying to cast false doubt on our city's proud new stadium.

Councillor R H KinzettLiberal Democrat (Mayals Ward)Gower RoadSketty