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I don't see any problem with this. Buying a building for £15M doesn't make you £15M poorer because you can sell the building later. Additionally, as the funding
by 9864250 4y ago
I don't see any problem with this. Buying a building for £15M doesn't make you £15M poorer because you can sell the building later. Additionally, as the funding came from a grant specifically for this purpose, it's not money they could have spent on other things, but the money they save by not paying conference centres can be spent elsewhere.
- Veen 4y agoBut is it the best possible way to spend £15M to achieve altruistic aims? Plus, they own the house and land but they also have to maintain it. That's not inexpensive: most of these country houses are no longer in the hands of the original owners because they couldn't afford the upkeep.
- matthewdgreen 4y ago>Buying a building for £15M doesn't make you £15M poorer because you can sell the building later. Spoken like someone who has never been responsible for the maintenance of a very old home. :)