The old division 3. Who knows where we would be without them, if we were to still exist even.
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- Thread starter Steve.B50
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The old division 3. Who knows where we would be without them, if we were to still exist even.
Sky Blues
Active Member
Some of us do realise the last point as OSB has been making it for some time. Fisher this morning was talking about getting hold of some of the match day revenues "to put on the pitch". I have some difficulty squaring that with the Higgs negotiations because as I understand it that would not provide the revenues. There must be a third stream of negotiations taking place (1 being rent, 2 being buying Higgs trust shares in ACL & 3 being match day revenues). I think there is a lot going on behind the scenes that we're not hearing about.
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@richh87
Member
Name a club anywhere near our size that has ever gone out of existence. Get real.
RichieGunns
New Member
Was that aimed at me or Real??
Think TF was alluding to the turnover aspect of being able to include aspects of ACL turnover into Club accounts thus being able to spend more through the increase in the 65%
Paxman II
Well-Known Member
Someone suggesting above that revenue streams will not help CCFC if they buy into ACL as it would all be going to the mortgage first? That's just silly.
If my business had such a restriction that my mortgage needed to be paid in full before I could use various revenue streams I think I'd find another banker!
If my business had such a restriction that my mortgage needed to be paid in full before I could use various revenue streams I think I'd find another banker!
@richh87
Member
It really is laughable! We are a big club and if SISU pissed off then so would the £30mil debt they claim we owe.
Sky Blues
Active Member
Ah, "fudging it". Yes, creative accounting is always good for the long term health of an organisation...
RichieGunns
New Member
The debt we owe to them that they owe to themselves...now thats laughable lol
Disorganised1
New Member
Bumped into Joe Elliott in Man At C&A where he was trying on a new Sky Blue suit. He told me that the team have been practising a contoversial new corner routine that they didn't want filmed. Allegedly they are going to kick the ball to the back of the penalty area where one of our players will head it back into the centre. The intention is that this will allow attackers to lose their markers and so score when the ball comes back in.
There is also talk of leaving one up when we are defending a corner.
There is also talk of leaving one up when we are defending a corner.
Sky Blues
Active Member
I've not been able to find it yet, but you need to read the explanation of how this works. I think OSB posted it. I'll keep looking for it.
RichieGunns
New Member
Cool
That corner technique sounds interesting. I can see how it would work. Ball goes sailing over the box, the opporsition turn to deal with the threat, maybe think they can get to it and clear it off the line only to realise the balls just been nodded back in and their markers are now free to do what they will with it.
Also very glad that they're now looking at keeping a man up front at corners. Much more sensible. With the amount of tall players we have we shouldn't need all our players back for corners anymore.
Sky Blues
Active Member
OK, I'm sure there was a fuller explanation somewhere, but this was from PWKH, of the Higgs charity: "ACL is not the Council or the Charity. It is owned by them, yes. The Directors appointed by the Charity and the Council have to act in the best interest of the Company, equally in the interest of both shareholders. Neither the Council nor the Charity get any payments of any kind from the Company and won't until the mortgage is paid off. This at the current rate is likely to be in 15 years time."
I'm sure someone can correct me if I'm wrong, but I think he is saying it is ACL rules, not the bankers that require the mortgage to be paid off before any payments an be made to shareholders. I don't think SISU buying out the Higgs stake would give them the leverage to change the company's rules.
I'm sure someone can correct me if I'm wrong, but I think he is saying it is ACL rules, not the bankers that require the mortgage to be paid off before any payments an be made to shareholders. I don't think SISU buying out the Higgs stake would give them the leverage to change the company's rules.
That sounds about right UNLESS we are talking really big money here and for that they must have found other investors.
Astute
Well-Known Member
As we are speaking Pompey are not safe.
Sky Blues
Active Member
And didn't Rangers go out of existence? (but maybe they're not the same size as us as they have a bigger supporter base...)
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Astute
Well-Known Member
WillieStanley
New Member
@richh87
Member
RichieGunns
New Member
But that was intentional as far as i remember.
They wanted to build a new stadium in Wimbledon but weren't allowed to do so for some reason or another and MK didn't have a team at the time so they decided to move to MK and that meant changing their name...
skybluebeduff
Well-Known Member
:facepalm: :facepalm: waited all day for a 59sec video :facepalm: :facepalm: :jerkit:
Disorganised1
New Member
Another first for CCFC ?
Colonel Mustard
New Member
Football's house of cards has been trembling for some time now. Where once teams could go into administration and get a clean slate, we're now seeing the likes of Rangers being pushed to the brink. It won't be long before a 'big' club is wound up. It is really not something to be flippant about.
@richh87
Member
I'm not having people thank SISU for our current situation - that's ridiculous.
Colonel Mustard
New Member
How did you get that from what I wrote?
Sky Blues
Active Member
We give you Rangers (a bigger club), you redefine the boundaries... Don't believe it can't happen. It can. If the iceberg is big enough, the ship can sink.
@richh87
Member
That's how this discussion started a few pages back. That Sick Boy mong.
@richh87
Member
We only owe money to SISU.
To liquidate us would be to write the money they're 'owed' off. Unlikely.