Mystery backer revealed

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Mystery backer revealed

Joined: June 4th, 2015, 6:32 pm

October 18th, 2017, 1:26 pm #1

Article today saying Legal and General are the mystery backers for the stadium rebuild at headingley.

Good for them. Glad to see some London based companies developing in the north
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Joined: September 7th, 2015, 9:28 pm

October 19th, 2017, 7:03 pm #2

Hope everyone is as happy 10 years down the line.

http://www.legalandgeneralgroup.com/med ... ewsid=4162
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Joined: September 14th, 2017, 10:47 am

October 20th, 2017, 12:13 pm #3

Article today saying Legal and General are the mystery backers for the stadium rebuild at headingley.

Good for them. Glad to see some London based companies developing in the north
Very appropriate - it is being funded by L and G's Retirement Fund.
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Joined: September 14th, 2017, 10:47 am

October 20th, 2017, 12:13 pm #4

Article today saying Legal and General are the mystery backers for the stadium rebuild at headingley.

Good for them. Glad to see some London based companies developing in the north
Very appropriate - it is being funded by L and G's Retirement Fund.
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Joined: September 3rd, 2014, 1:34 pm

October 23rd, 2017, 8:34 pm #5

Article today saying Legal and General are the mystery backers for the stadium rebuild at headingley.

Good for them. Glad to see some London based companies developing in the north
Well this is nice news

1) It means that L & G are convinced that there will be a long revenue stream, to match their liabilities to people who have pension/annuities with them. So someone has told them a story persuasive enough for them to put their money where their mouth is.

2) It locks in Leeds City Council to a very long-term perspective as well.

3) best of all ... any of us retiring some time soon now have the option of buying an L & G annuity, knowing that some of our annual membership fee will be going towards paying our own pension ... (probably about 3 pence, given the L & G portfolio).
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