Was it or wasn't it? (8 Viewers)

Samo

Well-Known Member
l
Personally I wouldn't like that one because i'm not a huge fan of tomato soup.

So now it's not that Otium didn't get the offer it's that they couldn't accept it there and then? If they couldn't accept it there and then could someone not have had a "quiet word" to say lets talk about this elsewhere.

I just cannot see why the offer was made, the CVA meeting was adjourned for a few days, and then it was decided it was unacceptable to make such an offer in such a way.

I rather like tomato soup. I'm not partial though to PWKH's brand of balloon tying silly buggery any more than I am of SISU's slippery underhand methods.
 

Astute

Well-Known Member
I rather like tomato soup. I'm not partial though to PWKH's brand of balloon tying silly buggery any more than I am of SISU's slippery underhand methods.

Yet you frequently have a go at PWKH and make excuses for SISU.
 

Grappa

Well-Known Member
You keep saying similar. Yet never answer the same question. In what way has any offer from ACL/CCC been illegal?

Perhaps I've never answered it because nobody has ever asked me the question. But thanks for giving me the opportunity to respond. Did you notice a little earlier in the thread when I quoted from the Telegraph in response to Lewys? If you actually took the time to read this rather that take your usual seemingly instinctive position of blindly defending ACL, you may have noticed this:

"At the meeting held on Tuesday, ACL had put forward modifications that were not compliant with the terms of the Insolvency Act and Rules. This was explained to both them and their legal representatives at the time.
"The adjournment provided them with an opportunity to put forward modifications that were compliant with the law in order to make use of the time made available by the adjournment that they themselves proposed.
"However, despite being given this further opportunity, they declined."

Not my words, the words of a legal practitioner.
 

Samo

Well-Known Member
Yet you frequently have a go at PWKH and make excuses for SISU.

Do I? This thread aside, would you like to tell me when I have done either one?
 

Astute

Well-Known Member
Perhaps I've never answered it because nobody has ever asked me the question. But thanks for giving me the opportunity to respond. Did you notice a little earlier in the thread when I quoted from the Telegraph in response to Lewys? If you actually took the time to read this rather that take your usual seemingly instinctive position of blindly defending ACL, you may have noticed this:

"At the meeting held on Tuesday, ACL had put forward modifications that were not compliant with the terms of the Insolvency Act and Rules. This was explained to both them and their legal representatives at the time.
"The adjournment provided them with an opportunity to put forward modifications that were compliant with the law in order to make use of the time made available by the adjournment that they themselves proposed.
"However, despite being given this further opportunity, they declined."

Not my words, the words of a legal practitioner.

Appleton by any chance?

And what about the offer that Timothy said he would have to take away and think about........more like Joy decide on. Nothing wrong with that one at all.
 

ohitsaidwalker king power

Well-Known Member
An offer was made. It was made prior to, and repeated during the CVA meeting. It was made to Otium. Labovitch, a director of Otium said that he was not there for Otium he was there for Holdings. Therefore he heard no offer. It then becomes a philosophical question doesn't it? The man, Labovitch, was there. Labovitch was there for Holdings. As the offer was not to Holdings but to Otium he could not hear it. As a man he could hear it, but as a director of Otium he could not hear it, so it was not made....

Perhaps I've never answered it because nobody has ever asked me the question. But thanks for giving me the opportunity to respond. Did you notice a little earlier in the thread when I quoted from the Telegraph in response to Lewys? If you actually took the time to read this rather that take your usual seemingly instinctive position of blindly defending ACL, you may have noticed this:

"At the meeting held on Tuesday, ACL had put forward modifications that were not compliant with the terms of the Insolvency Act and Rules. This was explained to both them and their legal representatives at the time.
"The adjournment provided them with an opportunity to put forward modifications that were compliant with the law in order to make use of the time made available by the adjournment that they themselves proposed.
"However, despite being given this further opportunity, they declined."

Not my words, the words of a legal practitioner.


So Grappa- to be absolutley clear- the offer as outlined by PWKH in the above mentioned quote you are clearly stating was illegal(not compliant with Insolvency rules) thus not worthy for consideration on a technical basis? What about on a goodwill basis to keep the club in Coventry?
 

Samo

Well-Known Member
Are you saying you have never made comments about PWKH? :)

This thread aside yes I certainly am, care to offer eveicence of such? And by the way I have been a viscious critic of SISU at times. I am however capable of a balanced view. You should try it.
 
Last edited:

Grappa

Well-Known Member
So Grappa- to be absolutley clear- the offer as outlined by PWKH in the above mentioned quote you are clearly stating was illegal(not compliant with Insolvency rules) thus not worthy for consideration on a technical basis? What about on a goodwill basis to keep the club in Coventry?

Again, my understanding was that they were unable to consider the offer because it wasn't really an offer. But PWKH could easily clarify the issue by responding yes or no to the question 'has a legal offer of £150k p.a. ever been made to Sisu/Otium whatever?' If the answer is yes then imo Sisu/Otium whatever are a bunch of c*nts.
 

skybluetony176

Well-Known Member
If you think it doesn't matter then why bother posting?

I personally am very interested to know the answer to this very simple question: Has ACL ever lawfully offered CCFC the £150k rent deal? It seems to have become a 'fact' for many on here that it actually was offered but I'd like to hear it from the horses mouth.

Peter: Yes or no?

please accept my apology, i didn't realise i wasn't allowed an opinion.
 

Tonylinc

Well-Known Member

An offer was made. It was made prior to, and repeated during the CVA meeting. It was made to Otium. Labovitch, a director of Otium said that he was not there for Otium he was there for Holdings. Therefore he heard no offer. It then becomes a philosophical question doesn't it? The man, Labovitch, was there. Labovitch was there for Holdings. As the offer was not to Holdings but to Otium he could not hear it. As a man he could hear it, but as a director of Otium he could not hear it, so it was not made.... How utterly stupid and childish!
 

ohitsaidwalker king power

Well-Known Member
Again, my understanding was that they were unable to consider the offer because it wasn't really an offer. But PWKH could easily clarify the issue by responding yes or no to the question 'has a legal offer of £150k p.a. ever been made to Sisu/Otium whatever?' If the answer is yes then imo Sisu/Otium whatever are a bunch of c*nts.


OK so I hope PWKH will answer.
Irrespective... do you not think that the WILL was there from ACL but ignored by SISU/OTIUM, and thus that is a questionable position given the backdrop of circumstance?
 

Astute

Well-Known Member
Again, my understanding was that they were unable to consider the offer because it wasn't really an offer. But PWKH could easily clarify the issue by responding yes or no to the question 'has a legal offer of £150k p.a. ever been made to Sisu/Otium whatever?' If the answer is yes then imo Sisu/Otium whatever are a bunch of c*nts.

This was even said by Sky questioning Timothy on would he accept the offer. The one where he said he would have to think about it. This is why a lot of us have a major problem with SISU. There is no need at all for us to be in Northampton.
 

Grappa

Well-Known Member
OK so I hope PWKH will answer.
Irrespective... do you not think that the WILL was there from ACL but ignored by SISU/OTIUM, and thus that is a questionable position given the backdrop of circumstance?

To be honest, and I'm naturally quite cynical, it seems to be a bit of PR opportunism by ACL to me. They look good, Sisu look bad but no real offer seems to have been made. But as I said, PWKH can sort this out by answering the question.
 

Grappa

Well-Known Member
This was even said by Sky questioning Timothy on would he accept the offer. The one where he said he would have to think about it. This is why a lot of us have a major problem with SISU. There is no need at all for us to be in Northampton.

I believe the media broke the news to Fisher on the day, and at that point the administrator hadn't deemed the offer unlawful. Seems quite logical for him to say he would need to consider it, no?
 

Astute

Well-Known Member
I believe the media broke the news to Fisher on the day, and at that point the administrator hadn't deemed the offer unlawful. Seems quite logical for him to say he would need to consider it, no?

There has been more than one offer though. And SISU have never denied this fact. They would have put any denial on the offal as they have previously done.
 

chiefdave

Well-Known Member
Can someone explain to me how Otium could legally agree a rental deal for Sixfields while we were in admin but it was illegal for them to agree a rental deal to play at the Ricoh.

The deal does not have to be part of the CVA, it just had to be agreed to prior to ACL agreeing to the CVA, as far as I'm aware the deal at Sixfields was agreed prior to the CVA being agreed or rejected so why was that OK but not the Ricoh?
 
J

Jack Griffin

Guest
Indeed....I'd go even further and state that I'd like to see ACL make the offer again....preferably in an open letter in the CT or published online.....

That way, we'd all be clear as to where the 2 sides actually sit.

Come on ACL.....surely an open & transparent offer of £150K per year on a rolling basis up to a maximum of 5 years, for example, would score you a massive PR win.....and would clarify a lot for a lot of suffering fans....

What do you think PWKH??

I hope after the JR appeal that ACL/CCC will be more open & let the public know what is on offer. However we most certainly will have to wait till then...
I don't expect anything short of a 10 yr deal will be offered though.. I do not believe ACL are going to position themselves as anything but the long term landlords.
 

skybluetony176

Well-Known Member
Can someone explain to me how Otium could legally agree a rental deal for Sixfields while we were in admin but it was illegal for them to agree a rental deal to play at the Ricoh.

The deal does not have to be part of the CVA, it just had to be agreed to prior to ACL agreeing to the CVA, as far as I'm aware the deal at Sixfields was agreed prior to the CVA being agreed or rejected so why was that OK but not the Ricoh?

don't ask questions like that. its like you are trying to point out that sh1tsu put more effort into taking our club out of the city than they did to keep it in the city. which off course they didn't, its all acl/ccc/higgs fault. ;)
 

dongonzalos

Well-Known Member
At the end of the day
ACL have made about 5 rent offers to SISU. Including one where they shook hands on it only to pull out.
Now one where they said, today i have one of my other companies hat's on, so I can't hear you.

The council have asked for talks about three times.

For me ACL and the council really need to do a lot more.

SISU have inundated them with what they want on the rent side of things we all know the exact figure they want.

They have also made bid after bid for the Ricoh.

ACL and the council should personally walk down to London and sit on Joy Seppela's door step. Even if she is not there and wait for her to return.

Come on you can't expect SISU to do all the running, it takes two to do a deal
 
Last edited:

stupot07

Well-Known Member
At the end of the day
ACL have made about 5 rent offers to SISU. Including one where they shook hands on it only to pull out.
Now one where they said today i have one of my other companies hat's on so, I can't hear you.

The council have asked for talks about three times.

For me ACL and the council really need to do a lot more.

SISU have inundated them with what they want on the rent side of things we all know the exact figure they want.

They have also made bid after bid for the Ricoh.

ACL and the council should personally walk down to London and sit on Joy Seppela's door step. Even if she is not there and wait for her to return.

Come on you can't expect SISU to do all the running, it takes two to do a deal

No they haven't

An email, letter or phone call would have sufficed.

yes it does


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

italiahorse

Well-Known Member
At the end of the day
ACL have made about 5 rent offers to SISU. Including one where they shook hands on it only to pull out.
Now one where they said today i have one of my other companies hat's on so, I can't hear you.

The council have asked for talks about three times.

For me ACL and the council really need to do a lot more.

SISU have inundated them with what they want on the rent side of things we all know the exact figure they want.

They have also made bid after bid for the Ricoh.

ACL and the council should personally walk down to London and sit on Joy Seppela's door step. Even if she is not there and wait for her to return.

Come on you can't expect SISU to do all the running, it takes two to do a deal

If 150k is too much then we are finished
 

italiahorse

Well-Known Member
Waste of time discussing this.
Sisu need the stadium for less than its worth, thats how they make profit.
Acl are financially break-even, although they would like ccfc there, so Sisu need to switch to plan B.
Plan B is ........... to build a 12,000 seater stadium.
They don't really want to do this and neither do the fans want it.

Time is fast running out ........
 

Tonylinc

Well-Known Member
Lets just put this to bed here and now:-

1. Shitzu never intended to build a stadium. They moved CCFC out of Coventry in order to distress ACL to the point at which they were able to pick up the Ricoh for peanuts.
2. They do not need the freehold in order to gain income streams. Admittedly they would have to negotiate with other parties over these but at the end of the day they could gain these without buying the freehold.
3. They want the freehold for other reasons.........The sale price will be higher as a result of the development land around it?
 

James Smith

Well-Known Member
Does anyone know if Otium could have taken the offer up outside of the CVA and kept us in Coventry? The offer wouldn't have had to be part of the CVA meeting someone just says to Mr Labovitch before the meeting that the rent was obviously too high and so we're willing to drop the rent to 150k. We're also willing to agree to the CVA but you have to agree to keep the club in Coventry by accepting the 150k offer. The administrator need never have to bring the rules into it and we might never have needed to go to Sixfields.

That assumes of course that everyone was wearing the correct hat and it was possible legally to do so which is what I don't know about. Could Otium have accepted the offer?
 

dongonzalos

Well-Known Member
Does anyone know if Otium could have taken the offer up outside of the CVA and kept us in Coventry? The offer wouldn't have had to be part of the CVA meeting someone just says to Mr Labovitch before the meeting that the rent was obviously too high and so we're willing to drop the rent to 150k. We're also willing to agree to the CVA but you have to agree to keep the club in Coventry by accepting the 150k offer. The administrator need never have to bring the rules into it and we might never have needed to go to Sixfields.

That assumes of course that everyone was wearing the correct hat and it was possible legally to do so which is what I don't know about. Could Otium have accepted the offer?

It's what would have had happened if SISU had any intention at a of staying in Coventry
 

James Smith

Well-Known Member
Self inflicted. We could be back at the Ricoh next week.

ACL will move on after Xmas and we will be homeless/finished.
Yes it is self inflicted but given the apparent unwillingness of Joy to bring us back unless she has the freehold at supposedly her price which is apparently too low for the council, we're therefore homeless.
 

Users who are viewing this thread

Top