“offensive” – Peter Varney’s riposte to Sandgaard

In last week's Q&A with CAST members Thomas Sandgaard repeated a claim that he had made the previous day on BBC London:

"The owners for the past couple of decades actually managed to whack up a net loss of £100m and eventually ended up having to sell to someone like Roland Duchatalet. To me that is a similar scenario to what we are experiencing up in Derby."

When CAST chair Heather McKinlay questioned his figures he retorted:

“I’m not so stupid I cannot read numbers. I know math. We don’t need to discuss that.”

Former Chief Executive Peter Varney has now responded in Voice of the Valley:

"The supposed £100m operating loss over two decades before 2014 that Sandgaard quotes is ridiculously false."

His full response: