Well, clearly all else being equal, they thought it advantageous to bring forward the purchase. Perhaps relating to the potential public investment. Note also that the afl is giving a ten % dividend and is intending on paying off the debt 3 years ahead of planned ownershipThe AFL were foolish IMO - from a tenant club pov - to pay $200m and have to service that with debt rather than wait a few years and each year would have been $25m less to purchase it which would have only been $30 on 31/12/25.
They have to find around $12 mil cash to pay the interest and depending on length of loan maybe $20m of capital repayments each and every year. Where does that money come from?? Tenant clubs.