Surely, it depends on what the money has been spent on though. If it’s been spent on mitigating the costs of the lack of paying fans at games and other lost revenues mainly due to Covid then isn’t that what the loan was given for in the first place?
Even if the full lot wasn’t spent on Covid related problems, if it’s helped finance the upgrading of the clubs infrastructure ie; Ralston, then the fact we’ve been able to do this via an interest free loan is surely a good thing, no?