Wonder if EDDC will be subsidising this via LED? Or will it eventually be sold on to the highest bidder after expensive renovation?
Note: EDDC hived off its leisure interests to Leisure east Devon now known as “Led Leisure Management Ltd” and has subsidised the company with hundreds of thousands of pounds since the handover, with several EDDC Conservative councillors involved in the company who have to declare personal interests whenever the company and its finances are discussed (often in secret).
Is the company, like the banks, too big to fail?