From a previous career I know a fair bit about local government finance and I’m astonished that Birmingham ever considered hosting this, even before it became technically bankrupt (i.e. issued a section 114 notice).
There are statutory obligations around stadium safety, planning and licensing that all fall to the local authority (‘the Council’). Private funding to cover all these costs will be essential - but there are no guarantees at all. Just a hope and a boast. So the Council will be forced to pay by default.
The government’s ’delivery envelope’ grant of £23m that Johnny Mercer was so proud of is just a dribble in the wind. He’s not even an MP any more.
And if there are protests requiring policing - again, who’s actually got the budget for that? I think we should be told …