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Bristol Post

Sport

James Piercy

Bristol Rovers take out loan to finance new South Stand as CEO details construction timeline

Rovers Bristol Rovers South Stand Tom Gorringe Wael AlQadi Mem

Bristol Rovers have taken out a loan, secured against the Memorial Stadium, to finance their intended construction of a new South Stand this summer.

Companies House published the financial agreement for an undisclosed amount between Bristol Rovers (1883) Limited and Nationwide Finance Limited on May 5, with the paperwork signed by president Wael Al-Qadi.

Nationwide Finance Limited are based in Buckinghamshire and claim to be the UK’s No1 direct business lender, providing quick loans for limited companies. Their lending period ranges between 12 months and six years. They are not connected with Nationwide Building Society.

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