Of these four clubs, only Southampton have publicly declared the cost of borrowing from MSD, paying 9.14% interest on a 78.8m loan taken out during the pandemic last June: 7.2m interest a year. Southamptons 78.8m loan was taken out on 29 June, and MSDs Cayman Islands-owned company has a mortgage on St Marys stadium, the training ground at Parks Farm, and the clubs other properties. Jon Champion later said on commentary that Pace was isolating. The club said the 78.8m loan from MSD was taken out immediately before the 30 June accounts reporting date, in order to mitigate against anticipated further losses as a result of the Covid-19 pandemic. Inevitably, such borrowing comes with costs, and senior people in football worry that more clubs will take on further high-interest borrowings as the pandemics financial impact continues to bite.
Cayman Islands-owned company has a mortgage on St Marys stadium, the training ground at Parks Farm, and the clubs other properties.
( z0 mortgage :ARG0 ( z1 company :ARG1-of ( z2 own :ARG0 ( z3 country :name ( z4 name :op "Cayman" :op "Islands" ) ) ) ) :ARG1 ( z5 and :op ( z6 stadium :name ( z7 name :op "St" :op "Marys" ) ) :op ( z8 ground :purpose ( z9 train ) :location ( z10 city-district :name ( z11 name :op "Parks" :op "Farm" ) ) ) :op ( z12 property :mod ( z13 other ) :poss ( z14 club ) ) ) )
(z0 / mortgage-01
    :ARG0 (z1 / company
              :ARG1-of (z2 / own-01
                           :ARG0 (z3 / country
                                     :name (z4 / name
                                               :op1 "Cayman"
                                               :op2 "Islands"))))
    :ARG1 (z5 / and
              :op1 (z6 / stadium
                       :name (z7 / name
                                 :op1 "St"
                                 :op2 "Marys"))
              :op2 (z8 / ground
                       :purpose (z9 / train-01)
                       :location (z10 / city-district
                                      :name (z11 / name
                                                 :op1 "Parks"
                                                 :op2 "Farm")))
              :op3 (z12 / property
                        :mod (z13 / other)
                        :poss (z14 / club))))
Cayman Islands - owned company has a mortgage on St Marys stadium , the training ground at Parks Farm , and the clubs other properties .
z4 :op1 0
z3 :name z4
z4 :op2 2
z2 :ARG0 z3
z1 :ARG1-of z2
z0 :ARG0 z1
z7 :op1 5
z7 :op2 3
z6 :name z7
z8 :purpose z9
z8 :location z10
z10 :name z11
z11 :op1 4
z11 :op2 1
z5 :op2 z8
z5 :op1 z6
z0 :ARG1 z5
z12 :mod z13
z12 :poss z14
z5 :op3 z12