NTFC Official Statement re:ACL (5 Viewers)

[Monners]

Didn't know they had Grendel. Do you have a link to post please?

 

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[italiahorse]

Interesting the Northampton fc rejection of an out of court settlement for their legal action is getting little attention on here.

Is it interesting then? Can't see how it is relevant now the lease no longer exists.

 

[cochese]

Originally Posted by fernandopartridge
The council partly bailed the club out though they've had more benefit from the Ricoh than the club will ever get.

you could say the same about shitsu

Am I missing something? Which bit could you say the same about sisu? Did you mean the council bailed out SISU? Did SISU bail out the club? Or did SISU benefit from the Ricoh?

 

[skybluefred]

The percentage game is ultimately pointless. It is arbitary and open to conjecture.

We know certain things. There is general acceptance among the general football world that the council dealt the club a very poor hand when they agreed the Ricoh deal. This, whatever arguments anyone cares to deploy is ultimately beyond argument. In fact no-one has ever produced any examples of a council treating its club so shabbily. Despite his bluster and fondness for admiration on here this is a question PWKH refuses to ever address.

The notion that anyone is a SISU fan is of course as absurd as absolving the council for their role in the clubs demise. Why is anyone a fan of the owners of the club? It's ridiculous and of course they have to accept responsibility for the decision to remove the club from its community and the potential catastrophic implications this may have.

However the irony of course is there for all to see isn't it? If our council and its management company had offered the club a fair deal at the beginning of its tenure and did not create a situation where the club had to increase its adult fanbase by 40% just to break even then we would not have even heard of SISU would we? It was only the unsustainable business model that introduced our evil hedge fund in the first place.

Fan hypocrisy is also significant. When fans bleat that the council saved us they also demanded the owners (prior SISU) purchased expensive players. They blasted the owners for selling McSheffrey but why? The council needed its pound of flesh didn't it?

Virtually every independent analyst said the model would never work and the club was dead the minute it entered into its pact with the council. They have been proved 100% correct.

You seem to forget that had the CCC not stepped in with Millions of pounds to rescue the Stadium Build the Club would
have been homeless.The Council action enabled the Club to survive.The big majority of rate payers are not CCFC fans
and would have wanted the outlay recuperated ASAP.

The Stadium was built to accommodate a Premiership Football Team,It was the Club who chose the rental amount,not
wanting a sliding scale to balance out any future relegation.Had the CCC have been approached in anything other than
a bullying and demanding way I have no doubt a more reasonable rent could have been agreed.Remember also that CCFC
owned a share of the Stadium but chose to sell it along with the catering rights to ACL.

Previous owners had their faults but the overriding bad guys are sisu, they want the ricoh and surrounding development
land for peanuts. Thank you CCC for holding firm against the threatening and bullying tactics aimed at you.

I do agree it is vital for the Club to own the Stadia and F/b rights and all other incomes generated by said Stadia.
That because of their own dirty tactics will never happen in Coventry with sisu in charge.

 

[ohitsaidwalker king power]

Interesting the Northampton fc rejection of an out of court settlement for their legal action is getting little attention on here.

Do you think NTFC will counter sue...we could do with another court action..would that please you G?

 

[Deleted member 5849]

You seem to forget that had the CCC not stepped in with Millions of pounds to rescue the Stadium Build the Club would
have been homeless.

Not really.

The club had an option to buy back Highfield Road... which it actually took up... only to sell it straight back to the developers.

It suited the board of the club at the time (who were desperate to flog everything to get back its cash, rather than go into administration with a ground, and also rights to another potential new ground) to position it as no choice. Arguably it also suited the council (after much debate) to sanction the redevelopment of wasteland in that area of the city, than maintain the status quo.

But there was a choice, and that choice was there to continue as they were, at Highfield Road, owning it again after buying it back, owning it as their ground, and not for profit.

Here's the CET report from the time. April 2004, after the council had 'bailed out' the arena project in October 2003.

The Sky Blues want to buy back their Highfield Road ground - as a financial investment.

The team is still on course to move to a new home at the Arena in Foleshill by the start of the 2005 season. But club bosses are hoping to make a profit by buying back Highfield Road and then selling it on again.

They say they have no intention of keeping it as a stadium once they quit for the Arena, which is being built partly through public funds, including financial backing from the city council.

They have the right to exercise a buy-back clause put in the contract when they sold it to construction firm McLean Homes.

The club currently effectively leases the stadium from McLean.

The site has planning permission for 175 homes, ranging from two-bedroom flats costing £50,000 at 2000 prices, to four-bedroomed detached homes.

And the value of the site is going up, as it's close to a £1 billion redevelopment plan revealed this year by the city council.

The council wants to lower the ring road between Foleshill Road and Sky Blue Way, and and create a marina, with housing, shops, health facilities and a learning quarter around Swans-well, Foleshill Road and Stoney Stanton Road.

Club chairman Mike McGinnity confirmed yesterday that negotiations were underway and that the profit would not go to the Arena project.

He said: "It's a financial advantage to the club. It would be going into the football club - it helps us to survive. I'll be able to tell you something more next week."

He also confirmed the team was still going to move to the Arena.

Alan Stevenson, the man at the Arena company who is charged with organising selling off memorabilia from Highfield Road, said: "There's no truth in the rumour we're staying at Highfield Road.

If you saw all the preparations for moving, it's out of the question.

"We want to move anyway - it's the whole point of forward-thinking of the club. It's our lifeline to get back to the Premiership to get to the (new) stadium."

 

[skybluetony176]

Originally Posted by fernandopartridge
The council partly bailed the club out though they've had more benefit from the Ricoh than the club will ever get.




Am I missing something? Which bit could you say the same about sisu? Did you mean the council bailed out SISU? Did SISU bail out the club? Or did SISU benefit from the Ricoh?

neither, i mean that you could argue that shitsu bailed the club out (without the benefit if hindsight) so we didn't go into administration when they bought the club. they continue to use the club as leverage in a property deal that's going/gone wrong but if joy does buy the ricoh on her terms as she has indicated then she stands to benefit more from the ricoh then the club. simple.

 

[cochese]

neither, i mean that you could argue that shitsu bailed the club out (without the benefit if hindsight) so we didn't go into administration when they bought the club. they continue to use the club as leverage in a property deal that's going/gone wrong but if joy does buy the ricoh on her terms as she has indicated then she stands to benefit more from the ricoh then the club. simple.

But the club would still benefit, more than they are doing now.

 

[Grendel]

Didn't know they had Grendel. Do you have a link to post please?

It was on the news this evening. The ACL legal claim was for £2 million damages. When they dropped the case they offered a percentage of the legal bills incurred which has been rejected.

 

[Grendel]

Do you think NTFC will counter sue...we could do with another court action..would that please you G?

"We"? So suddenly ACL are "we"? How informative. Thanks.

 

[Monners]

Get Look East over here in Northants land, which is great if you have an interest in the sugar beet crop. Cardoza has said all along that there was no case, so is bound to reject a part offer for fees.

 

[cofastreecity]

As ever the spin never stops, grow up Mr G, you couldn't lay straight in bed

 

[skybluetony176]

But the club would still benefit, more than they are doing now.

how?

 

[cochese]

how?

Well we'd be playing in Coventry, we'd be getting money from stadium sponsorship, the catering, parking. And we'd be a more attractive proposition to prospective buyers.

 

[skybluetony176]

Well we'd be playing in Coventry, we'd be getting money from stadium sponsorship, the catering, parking. And we'd be a more attractive proposition to prospective buyers.

if i can put my Grendel hat on for a moment, ahem.

so you are privy to shitsu's full business plans for the club then? you know that they will put the ricoh ownership in the same company as the football club? please put up the link that proves this.

Grendel hat off.

yes we would be playing in Coventry and yes that would be a good start. as for the rest, who knows? shitsu aint saying, that's for sure. if i'm going to make an assumption and assumptions is all shitsu have let us have, i'm going to assume no.

 

[chiefdave]

This never got any further than ACL firing off a letter to them did it? Presumably that was done so that if legal action was taken Cardoza couldn't claim ignorance of the situation. How much in costs can there be for receiving a letter?

 

[ohitsaidwalker king power]

"We"? So suddenly ACL are "we"? How informative. Thanks.

I wont stoop G....just answer the question please.....

 

[No future with SISU]

Did you here Cardoza on the radio complaining that northampton fans and staff have been upset and put under stress. He is the lowest type of scum in this country, he is the reason we are not at the ricoh as he did a deal with sisu and caused all this pain,distress,anger,upset,discomfort,anguish,agony,desolation,grief,hearthache,misery,sorrow,sadness,suffering,torment,worry,hardship and trouble to all the sky blues fans by inviteing sisu to move to northampton. He has a bloody nerve complaining as his actions caused all this trouble. WE ARE NOT AT THE RICOH BECAUSE OF CARDOZA.

 

[Jack Griffin]

I don't think we need to shed a tear for poor little Cardoza.

 

[Grendel]

I don't think we need to shed a tear for poor little Cardoza.

As usual you miss the point. He has rejected an out of court offer of payment for costs incurred by the ACL buffoons. He wants more. I hope he sues their stupid greedy arse off. I hope he wins.

 

[ohitsaidwalker king power]

As usual you miss the point. He has rejected an out of court offer of payment for costs incurred by the ACL buffoons. He wants more. I hope he sues their stupid greedy arse off. I hope he wins.

Further confirmation of your pro SISU stance... just admit it.... be open and honest you'll feel better.

 

[hill83]

That's more anti ACL than pro sisu no?

 

[skybluetony176]

As usual you miss the point. He has rejected an out of court offer of payment for costs incurred by the ACL buffoons. He wants more. I hope he sues their stupid greedy arse off. I hope he wins.

does this mean you are a Northampton town FC fan now Grendel?

 

[ohitsaidwalker king power]

That's more anti ACL than pro sisu no?

I was applying G logic..(its a phenomenon) that he has used to portray others beliefs to suit his own argument.

 

[covmark]

does this mean you are a Northampton town FC fan now Grendel?

no, he's just not an ACL fan like some on here. Oh and give it a rest with the 'shitsu' crap, it's pretty pathetic.

 

[skybluetony176]

no, he's just not an ACL fan like some on here. Oh and give it a rest with the 'shitsu' crap, it's pretty pathetic.

sorry Grendel's boyfriend, i didn't mean to dis ya bitch. as for shitsu, its not my fault shitsu are shit so the cap fits plus it annoys the shitsu fans.

just to add, calling them shitsu is the only joy I've ever got from them.

 

[hill83]

HA HA YOU SAID GRENDELS BOYFRIEND YOU ARE FUNNY

 

[covmark]

sorry Grendel's boyfriend, i didn't mean to dis ya bitch. as for shitsu, its not my fault shitsu are shit so the cap fits plus it annoys the shitsu fans.

just to add, calling them shitsu is the only joy I've ever got from them.

Jesus Christ, your more of a twat than I first thought, that's some achievement by the way.

 

[Grendel]

Jesus Christ, your more of a twat than I first thought, that's some achievement by the way.

Don't be too hard on him - he lives in Scunthorpe.

 

[letsallsingtogether]

Don't be too hard on him - he lives in Scunthorpe.

 

[lewys33]

He has rejected an out of court offer of payment for costs incurred by the ACL buffoons. He wants more. I hope he sues their stupid greedy arse off. I hope he wins.

The irony there ............... oh i could giggle like a little school girl

 

[duffer]

Cardoza wants sympathy and 'costs' for defending a legal action that never even started? Bollocks. If he doesn't get his grubby hands involved, then he doesn't have to worry, and there's actually a chance that SISU and ACL work something out.

As for him sueing ACL, on what basis? The case never even made it to court, did it. Grendel, do you have a link to the news story you quoted regarding ACL making an offer of a proportion of costs? I can't find anything that mentions that anywhere on t'web.

And what costs would Cardoza have actually incurred? If the case was a spurious as he claims, then a junior solicitor could have told him that in half an hour, and all they'd have to do is write a letter refuting the claim. If not, then the case was not without basis, which shoots down his own argument.

In a vaguely related theme, dubious court actions, SISU, of course, are going to cost Cov CC money having to further defend the JR. Of course if that gets thrown out again in court then there likely will be an order for costs against them, I'd guess running into the tens of thousands of pounds.

 

[Godiva]

Cardoza wants sympathy and 'costs' for defending a legal action that never even started? Bollocks. If he doesn't get his grubby hands involved, then he doesn't have to worry, and there's actually a chance that SISU and ACL work something out.

As for him sueing ACL, on what basis? The case never even made it to court, did it. Grendel, do you have a link to the news story you quoted regarding ACL making an offer of a proportion of costs? I can't find anything that mentions that anywhere on t'web.

And what costs would Cardoza have actually incurred? If the case was a spurious as he claims, then a junior solicitor could have told him that in half an hour, and all they'd have to do is write a letter refuting the claim. If not, then the case was not without basis, which shoots down his own argument.

In a vaguely related theme, dubious court actions, SISU, of course, are going to cost Cov CC money having to further defend the JR. Of course if that gets thrown out again in court then there likely will be an order for costs against them, I'd guess running into the tens of thousands of pounds.

There was in fact filed a case against them, so Northampton surely had to take legal advice. I wouldn't be so sure they won't have a very good case arguing for compensation. They can do it directly with ACL or they can do it in court ... making the compensation claim even bigger.

 

[skybluetony176]

Cardoza wants sympathy and 'costs' for defending a legal action that never even started? Bollocks. If he doesn't get his grubby hands involved, then he doesn't have to worry, and there's actually a chance that SISU and ACL work something out.

As for him sueing ACL, on what basis? The case never even made it to court, did it. Grendel, do you have a link to the news story you quoted regarding ACL making an offer of a proportion of costs? I can't find anything that mentions that anywhere on t'web.

And what costs would Cardoza have actually incurred? If the case was a spurious as he claims, then a junior solicitor could have told him that in half an hour, and all they'd have to do is write a letter refuting the claim. If not, then the case was not without basis, which shoots down his own argument.

In a vaguely related theme, dubious court actions, SISU, of course, are going to cost Cov CC money having to further defend the JR. Of course if that gets thrown out again in court then there likely will be an order for costs against them, I'd guess running into the tens of thousands of pounds.

Good post. Just to add about shitsu persuing the JR, I wonder which one off their companies they are going to offset the cost of persuing that lame duck against? :thinking about:my guess is our club, more management fee's. Just what we need.

 

[skybluetony176]

Don't be too hard on him - he lives in Scunthorpe.

more mis information from you grendel. i live in Rugby, i've also lived in coventry but never Scunthorpe.