DazzleTommyDazzle
Well-Known Member
But that's the whole issue - it hasn't.
How much revenue have they lost to get to this position?
As we oldies might say - lose a pound to save a shilling....
200% article - great read (5 Viewers)
- Thread starter Snozz_is_god
- Start date
But that's the whole issue - it hasn't.
How much revenue have they lost to get to this position?
As we oldies might say - lose a pound to save a shilling....
skybluetony176
Well-Known Member
you would think so.
Samo
Well-Known Member
You are quite right that it should be a cross party thing, I don't believe it is though.
Tobias Fünke
New Member
A very well written and informed article which is unfortunately one of the most depressing things I have had the pleasure to read.
James Smith
Well-Known Member
Wasn't it a unanimous council vote?
lordsummerisle
Well-Known Member
Cross party? I'm fucking livid.
TheRoyalScam
Well-Known Member
Yes it was, but the debate and vote were held in private. When the councillors came into the main room after the vote all members appeared very happy, and there were lots of allusions in subsequent debates of how united all the parties were that day.
The politics argument was mentioned (by Fisher I believe) in a newspaper article, which mentioned the fact that a Labour-led council didn't like dealing with a right-wing hedge fund - a sort of Socialism versus Capitalism argument.
Are we forgetting that CCCouncil hasn't always been run by a Labour majority??
fernandopartridge
Well-Known Member
Does that include ACL?
fernandopartridge
Well-Known Member
I don't know what the losses are? What are the gains? They're out of 40 year deal at £1.2m p/a.
bigfatronssba
Well-Known Member
Have ACL been GIVEN money by the local authority?
letsallsingtogether
Well-Known Member
But they don't want to buy it they want it for free. like they got the Club for free!
letsallsingtogether
Well-Known Member
And there out of our city after 125 years! that is the loss you don't care about Shame on you.
fernandopartridge
Well-Known Member
No, but if you're such a fan of private enterprise they can surely raise money privately? Or are you the equivalent of a champagne socialist i.e. an orange squash capitalist?
What do you think of the government bail out of HBOS and RBS?
fernandopartridge
Well-Known Member
I said 'they'. I gave no view on whether I care. If you attempt to argue anything on here without resorting to SHITZU or other childish rants you are accused of all sorts.
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bigfatronssba
Well-Known Member
But if its cheaper to get it through the council then what's the point? That's the trouble with politics, too much ideology and not enough common sense. If ACL as an independent business can pay a rate of 2% to the council, or 4% to YB, then they would have to be stupid to not get the money off the council.
In principle I didn't agree with the bail out, however in the real world sometimes you have to look at what is the best outcome for all concerned, not what is ideologically right. I certainly don't agree with bailed out banks paying their bosses huge bonuses with public funds.
skybluetony176
Well-Known Member
if they default on the LOAN and the council write it of meaning ACL survive being wound up, then i guess it would. Until then, no.
Of course ,and that comes from both ends of the Spectrum,It should end with the JR but It won't ,Judgement can be subjective as we've seen .How much are they all willing to waste on this.
fernandopartridge
Well-Known Member
Fair enough. I agree on your first point. I don't blame ACL for getting the best possible deal. I do blame the council IF they've been stupid enough to not ensure that the loan was in compliance with the State Aid regulations.
Hugh Jarse
Well-Known Member
It was indeed a good read but one part of a sentence stuck out for me and it was "The Football League should, for the sake of its own integrity".
The FL have shown sod all integrity in this farcical situation, in fact I would go as far to say that things got demonstrably worst when they became involved.
The FL have shown sod all integrity in this farcical situation, in fact I would go as far to say that things got demonstrably worst when they became involved.
Wrong was'nt It. the source of the Problem being Mortgages and loans that were percieved as beyond repayment ,I'm not convinced on that one.
If you're going to print a few hundred Billion and pump it back In, It would have been better to Deal with Issue at source and remove the risk on those loans at source ,IE; Through the Populace ,not for those propped up Institutions to sit on and sort their own mess out.
Its a bit like our situation ,should CCC give SISU the keys and let them do whatever or ,If the Value really Is only £4M, Unite the ground with Fans .There are Gov't funds to aid Supporters purchasing back Where grounds have become seperated from their Clubs,I mean why would anyone not want to play in their home City In such a Scenario.
Brighton Sky Blue
Well-Known Member
Hand the whole lot over for whatever price Seppalla declares. Accepting the rent free option makes the council look like the good guys and Seppala's hubris won't let her do that-her personal agenda won't budge.
Yes and, again, it was SISU, through ML, who broke the silence again to "have a go". He's turned out to be no better than the twat, Fisher - but we know who's really pulling the strings all the time don't we?