I remember SC stating, on the radio, that the purchase of the Lancaster Club had cost his business partners (Blitz and Gazal) about £3m.
The key part of the council report stated: "Pay a capital grant of £700,000 as a contribution to the redevelopment of Boundary Park based on the community work which the club carry out in the Borough. The grant would be phased and based on the progress of development works at Boundary Park."
A number of Latics fans, and other council tax payers, have been misled by press reports talking about £5.7m.
Oldham Council were going to: "Subject to receipt of a final, independent, valuation proceed to acquire the Lancaster Club" from Blitz and Gazal.
I presume this has now happened, although the final valuation figure is probably undisclosed!