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Hot Topic Hawke’s Bay
Hunter’s Corner
5 mins to read
9

Auckland Council has Eden Park at its mercy

The temptation to use that power will be great.

Tim Hunter
 Fri, 01 Feb 2019

As financiers from Nathan Mayer von Rothschild to “Fat Tony” Salerno have always known, debt is a source of power. The bigger the loan, the more eyewatering the grip on the short and curlies.

This traditional relationship is about to get real for Eden Park Trust, which owes $40 million to

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Tim Hunter
 Fri, 01 Feb 2019
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Tags
Auckland Council Phil Goff Eden Park Trust EY PwC
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