Acl nick another 10 points? (7 Viewers)
- Thread starter SonOfSnoz
- Start date
italiahorse
Well-Known Member
CVA is done and dusted. Refused so Ltd will be liquidated. Just waiting for Appleton to give his final report this week.
A pointless thread if ever there was one....?
italiahorse
Well-Known Member
I think ACL wanted a further discussion on the CVA before Appleton processed it and the 10 points were deducted.
Why it didn't go back for further discussion and maybe inclusion of 150K offer is another thing I don't understand.
Why it didn't go back for further discussion and maybe inclusion of 150K offer is another thing I don't understand.
italiahorse
Well-Known Member
YEP, unless in the administrators report they find some sort of underhandedness by SISU in say transfer of players etc etc that upsets FL.
Luckily SISU have FL in their pocket.
imp:SkyBlueScottie
Well-Known Member
In a word no.....
stupot07
Well-Known Member
Because they can't legally include it as part of the CVA?
ArchieLittle
New Member
Think the FL have strongly stated that the 10 point deduction had to be accepted to transfer the share to Otium.
They are not interested in Ltd any more as they are no longer a member of the league.
So unless Appleton comes out with something solidly illegal I shouldn't think they care less.
Even then they may decide to use their famous discretionary powers
They are not interested in Ltd any more as they are no longer a member of the league.
So unless Appleton comes out with something solidly illegal I shouldn't think they care less.
Even then they may decide to use their famous discretionary powers
bigfatronssba
Well-Known Member
YEP, unless in the administrators report they find some sort of underhandedness by SISU in say transfer of players etc etc that upsets FL.
Luckily SISU have FL in their pocket.
Or unless sisu refuse to honour another contractual agreement.
SkyBlueScottie
Well-Known Member
Why would they do that, considering this agreement ensures they dont pay much back rent and it breaks the ridicolously biased lease to rent the stadium.
SkyBlueBlood
Member
Did you get a complete idiot to write this thread for you?
shmmeee
Well-Known Member
But they could (and did) offer it separately in a bid to avoid the whole mess and get the club back to Cov.
Of course that doesn't fit your narrator so you ignored that.
Didn't Mr Appelton indicate that the offer was tied to the CVA?
torchomatic
Well-Known Member
shmmeee
Well-Known Member
PWKH said that it was also made outside of the admin process. Which Appleton wouldn't know about. But again its he said she said.
Actually I believe it was some sort of pay-back. Didn't Ms Seppala say she was happy to meet and discuss a new deal at the Ricoh WHEN ACL had signed the CVA?
Just goes to show how childish all parties are behaving. It's a f*king kindergarden ... PWKH even brought balloons.
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italiahorse
Well-Known Member
.......... as wanted by CCFC when first opened. CCFC turned down an offer to have a sliding scale that would see the rent reduced for league 1.
They obviously thought £1.4M was a bargain for Premier League ........................ You can't have your cake and eat it !!!!
italiahorse
Well-Known Member
No one knows !!
Surely if SISU were interested something could have been worked out.
Plan A was getting the Ricoh when ACL went into administration.
torchomatic
Well-Known Member
Wanted? I bet CCFC didn't "want" the massive rent when they first moved into the Ricoh. I imagine they had little choice in the matter. And as previously stated four months later they tried to get the rent reduced without success.
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italiahorse
Well-Known Member
Yes, wanted. ACL offered them a sliding scale but they turned it down in preference of a fixed scale.
CCFC at the time were planning to get into the PL and possible thought they had got a bargain!!!
torchomatic
Well-Known Member
Odd attitude really. Considering this was years before SISU even arrived you're still siding with ACL rather than the Club. I would have thought you'd have wanted the best deal for your football team not the local council.
italiahorse
Well-Known Member
Did CCFC think they had the best deal at the time?
SISU never renegotiated it?
Of course it was high but it was agreed.
Did SISU attempt to show ACL the reality of the situation (the books) and if so did ACL say tough luck ?
Really we are just guessing because both parties are not releasing data that would condemn them.
Poor CCFC management on the Ricoh by all CCFC management teams.
However, I will never ever forgive SISU for taking us out of Coventry.
Indeed. It's almost as if they are glad ACL got one over the club and that our former owners were every bit as idiotic as the current ones. It genuinely seems to give them pleasure.
Nick
Administrator
So there is no problem if SISU get the Ricoh dirt cheap or build a stadium and charge us massive rent is there?
torchomatic
Well-Known Member
Post SISU I can understand as the way they stopped paying the rent was out of order. However, the attitude over the original rent agreement is really strange.
I just don't get the "ha, ha ACL got one over on CCFC" attitude from fans of the Club.
I just don't get the "ha, ha ACL got one over on CCFC" attitude from fans of the Club.
Nick
Administrator
Probably sat waiting for Haskell to take over so they can try and get on the board to sit by the heroes Joe Elliott and Hoffman in the board room....
Some people really do care more about the council than the club. IF Sisu could get the Ricoh for free by being hard nosed and the CLUB made shit loads of money from it, I am not really too fussed to be honest. It would be good business.
Yes they might want to develop the land, but it is exactly what Haskell wants but the only difference is he goes in the casino and wears a sky blue cowboy hat and buys the trust people drinks.
torchomatic
Well-Known Member
OK, I'll answer your points.
No, it wasn't the best deal at the time. It was the only deal. The club were homeless and had no choice. CCFC had messed up and ACL took full advantage.
Nope, SISU never renogotiated it. Stupid. They must have been confident of getting to the promised land
"Of course it was high, but it was agreed". A bit like a payday loan then? Desperate people know the interest is high but they have little choice
Did SISU attempt to show ACL the books? Who knows. Like you say we're guessing.
Poor CCFC management by all regimes at the Ricoh. Agreed.
I'll never forgive them either.
No, it wasn't the best deal at the time. It was the only deal. The club were homeless and had no choice. CCFC had messed up and ACL took full advantage.
Nope, SISU never renogotiated it. Stupid. They must have been confident of getting to the promised land
"Of course it was high, but it was agreed". A bit like a payday loan then? Desperate people know the interest is high but they have little choice
Did SISU attempt to show ACL the books? Who knows. Like you say we're guessing.
Poor CCFC management by all regimes at the Ricoh. Agreed.
I'll never forgive them either.
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torchomatic
Well-Known Member
There are so many contradictions and skewed attitudes. "SISU will charge a massive rent", "SISU are only interested in the Arena" they say totalling ignoring that ACL charge a massive rent and PH4 is a bloody property developer, not a dyed-in-the-wool soccer guy.
Moff
Well-Known Member
Brilliant - I love the Sky Blue Cowboy Hat line, it just sums everything up perfectly.
I don't get this idea the club were' happy' with the deal. As said above, it wasn't the best deal, it was the only deal. MM was very quick to state in media that the terms imposed on the club were not great - it is why he kept repeating that we needed 'crowds of 23,000 to break even', in other words "we're fucked". The previous season, at HR, we had very nearly broke even on gates of 16K. In our 1st year at the Ricoh we lost £3 million (on gates of 22K). MM knew it was coming, the 'deal' wreaked of unfairness.
torchomatic
Well-Known Member
italiahorse
Well-Known Member
Who said they got one over on them?
Just pointing out that for whatever reason the rent was agreed by both parties.
I see no evidence of trying to reduce it other than "SISU are the biggest customers so we deserve the Ricoh"
I'm not saying that is not a good move for CCFC if that happened, but I am not happy in the way it is being done and the CCFC collateral damage it is causing during the battle to "take it".
SISU are at fault here not ACL as I believe if a fair price had been offered they would have taken it.
The SISU hostile take over bid is now a sticking point for ACL.
...and moving back to the topic the 'underlining reason' for this points deduction is SISU and CCFC management over the past 2 decades.
ACL are being blamed by some CCFC fans because in reality they are not giving in for what would be the benefit of CCFC.
Nick
Administrator
Would ccfc have not taken a fair rent if it had been offered???