Mean while back in court (17 Viewers)

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oldskyblue58

oldskyblue58

CCFC Finance Director
fernandopartridge said:
Was Derek Higgs one of the FIL Ltd investors?
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Higgs McGinnity & Robinson were owed a total of £2m between them.

Higgs was never a director of Football Investors.

Football Investors was 100% owned by CCFC Holdings
 
skybluetony176

skybluetony176

Well-Known Member
Grendel said:
Er no the valuation is based on no club being there. So without a club the arena was not worth as much as the loan.

That is my point. The council were prepared to sell the asset to wasps on that basis but not the football club.
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Supposition. The football club never made an offer to the council. The council couldn't be either prepared or unprepared to do a deal that never existed. If SISU had ever given the council an offer to refuse you'd have a point but as they didn't you're doing nothing more than speculating on the outcome of something that never happened.
 
R

rupert_bear

Well-Known Member
I seem to remember the Council saying way before any deal with Wasps was announced that they couldn't stay as they were for ever and would have to consider third party interested parties. SISU missed the boat, their fault had plenty of time to buy it imo
 
oldskyblue58

oldskyblue58

CCFC Finance Director
chiefdave said:
Won't somebody think of the children!
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wont actually make any difference to what they do annually. The Charity spends its investment money on good deeds and the ACL shares never got them any income.

In fact as they now get 50p per head in the Alan Higgs Charity stand from Wasps they will be better off

They will of course not have 3.73m to invest in capital projects but would no doubt argue that a return on "investment" for a charity is not always measured in £'s
 
chiefdave

chiefdave

Well-Known Member
oldskyblue58 said:
wont actually make any difference to what they do annually. The Charity spends its investment money on good deeds and the ACL shares never got them any income.

In fact as they now get 50p per head in the Alan Higgs Charity stand from Wasps they will be better off

They will of course not have 3.73m to invest in capital projects but would no doubt argue that a return on "investment" for a charity is not always measured in £'s
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So when people were up in arms at the thought of SISU potentially paying Higgs less than the £10m formula price as they were taking money from a charity that would have been put to good use they were talking rubbish?
 
oldskyblue58

oldskyblue58

CCFC Finance Director
no they were expressing an uninformed opinion. :)

That said there is a whole lot of rubbish spouted on this site daily ;)
 
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Astute

Astute

Well-Known Member
chiefdave said:
So when people were up in arms at the thought of SISU potentially paying Higgs less than the £10m formula price as they were taking money from a charity that would have been put to good use they were talking rubbish?
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When was the formula price often quoted ever asked for?
 
Moff

Moff

Well-Known Member
olderskyblue said:
I find your comment a bit strange too Moff. With all the sh** said on here, it wouldn't surprise me if most were on meds of some sort... especially those who actually read grendels posts... ;-)

Of the "things to get annoyed about on a message board" I don't think this should be on the list.
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Thanks but I can make my own mind up.
 
lordsummerisle

lordsummerisle

Well-Known Member
Moff said:
Personally its an issue that resonates with me, but lets be honest why do i need to or have to justify myself to you?
If you dont like what I post dont read it.
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Think you should be happy that SBK has got over his issues with quoting!
 
Astute

Astute

Well-Known Member
Moff said:
Personally its an issue that resonates with me, but lets be honest why do i need to or have to justify myself to you?
If you dont like what I post dont read it.
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How does he know if he likes what you post until he has read it? :D
 
oldskyblue58

oldskyblue58

CCFC Finance Director
oldfiver said:
oldskyblue58 said:
Higgs McGinnity & Robinson were owed a total of £2m between them.

Higgs was never a director of Football Investors.

DAH was a director for a year or so upto December 2003 when he left ( along with all the others ) and PWKH took his place
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You are right ....... trying to do too many things at same time and didn't read it properly.... my mistake
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italiahorse

italiahorse

Well-Known Member
Grendel said:
Er no the valuation is based on no club being there. So without a club the arena was not worth as much as the loan.

That is my point. The council were prepared to sell the asset to wasps on that basis but not the football club.
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So the football club left and reduced the value but then expected it at that value ?
No wonder the council told them to do one.
 
Captain Dart

Captain Dart

Well-Known Member
Astute

Astute

Well-Known Member
italiahorse said:
So the football club left and reduced the value but then expected it at that value ?
No wonder the council told them to do one.
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We all know that there is much more to it than that.
 
italiahorse

italiahorse

Well-Known Member
Captain Dart said:
The unlamented RFC was quite keen ISTR.
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Probable Grendel as well now I've thought about it.
His quotes reference white elephant, tumbleweed and it's quicker to get from Meriden to Northampton than the Ricoh are comedy gold.
 
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Astute

Astute

Well-Known Member
italiahorse said:
Probable Grendel as well now I've thought about it.
His quotes reference white elephant, tumbleweed and it quicker to get from Meriden to Northampton than the Ricoh are comedy gold.
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He said that his way of protesting against SISU and what they did to our club was to not go to Northampton. Then he went. At least he is consistent :D
 
Moff

Moff

Well-Known Member
italiahorse said:
Bomb released ............................... !!!!!
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What bomb, that some people chose to watch the team there and some didnt.
We must have the most divisive fans in the Football league still arguing what some fans did and others didnt years ago.
 
covmark

covmark

Well-Known Member
Moff said:
What bomb, that some people chose to watch the team there and some didnt.
We must have the most divisive fans in the Football league still arguing what some fans did and others didnt years ago.
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Yep, and the one that's being most divisive is the hypocritical prick that's a season ticket holder at the fucking franchise.

Sent from my HTC One_M8 using Tapatalk
 
stupot07

stupot07

Well-Known Member
Moff said:
What bomb, that some people chose to watch the team there and some didnt.
We must have the most divisive fans in the Football league still arguing what some fans did and others didnt years ago.
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Its hypocrisy. You're a follower of SISU and TF if you went to support the 11 men in Northampton but it's completely acceptable to go and watch wasps play....




Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors :)
 
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