start work. The club succeeded in a further legal challenge bought by small firms in January 2005 as the High Court upheld a decision by then-Deputy Prime Minister John Prescott to grant a compulsory purchase order in support of the scheme. The stadium later became issue in the local elections in May 2006. The Metropolitan Police restricted supporters' coaches to being parked in the nearby Sobel Sports Centre rather than in the underground stadium car park, and restricted access to 14 streets on match days. These police restrictions were conditions of the stadiums' health and safety certificate which the stadium requires to operate and open. The road closures were passed at a council meeting in July 2005. Finance and naming Securing finance for the stadium project proved a challenge as Arsenal received no public subsidy from the government. Whereas Wenger claimed French clubs "pay nothing at all for their stadium, nothing at all for their maintenance," and "Bayern Munich paid one euro for their ground," Arsenal were required to buy the site outright in one of London's most expensive areas. The club therefore sought other ways of generating income, such as making a profit on player trading. Arsenal recouped over £50 million from transfers involving Nicolas Anelka to Real Madrid, and Marc Overmars and Emmanuel Petit to Barcelona. The transfer of Anelka partly funded the club's new training ground, in London Colney, which opened in October 1999. The club also agreed new sponsorship deals. In September 2000, Granada Media Group purchased a 5% stake in Arsenal for £47 million. As part of the acquisition, Granada became the premier media agent for Arsenal, handling advertising, sponsorship, merchandising, publishing and licensing agreements. The club's managing director Keith Edelman confirmed in a statement that the investment would be used directly to fund for the new stadium. The collapse of ITV Digital (part-owned by Granada) in April 2002 coincided with news that the company was tied in to pay £30 million once arrangements for the new stadium were finalised. In September 2002, Arsenal formulated plans to reduce its players' wage bill after making a pre-tax loss of £22.3 million for the 2001–02 financial year. The club appointed N M Rothschild & Sons to examine its financial situation and advise whether it was feasible for construction to press ahead at the end of March 2003. Although Arsenal secured a £260 million loan from a group