We await detail on who pays what to whom. It's great that things are taking shape and there appears to be harmony and now partnership with the local state we've been bumping heads with for so long. But when the dust settles on this apparent funding package a number of major issues are going to emerge, and we better be ready for them:
1/ The inevitable furore over a city council that has made £400M worth of cuts exposing itself to almost as much again for the sake of a privately owned football club.
2/ (relatedly) The spotlight will fall on Moshiri as a very wealthy man fire-walling himself from any financial fall out if it all went wrong and leaving public institutions with the onerous task of paying back banks.
3/ (again relatedly) The impact on the club given the massive amount of borrowing if it should fail and its inability to pay back the debt without losing its home - or control over it (see Coventry a few years back when they ended up as tenants and eventually turfed out).
4/ The very real probability, given the points above, of opposition and an inquiry (and, regardless of Anderson's clout, the possibility of objections at council level).
5/ The figure of £350M looks like rock bottom and over the course of the project, should it go forward, WILL rise again and again - thus multiplying the dangers of other points made so far.
Today and the announced plan = easy bit.
Tomorrow - the firestorm of awkward questions and publicity.