RoboCCFC90
Well-Known Member
Why don't Sisu negotiate for this? Surely if they want a cheap way of putting themselves in for negotiations this would be it? What do we reckon it would sell for, £5Mil?
The Higgs Share.. (1 Viewer)
- Thread starter RoboCCFC90
- Start date
SkyBlueScottie
Well-Known Member
Pretty sure the council have a veto.
Lorksalordy
New Member
Suspect respective lawsuits may hinder negotiations a little
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italiahorse
Well-Known Member
Yes they do.
RoboCCFC90
Well-Known Member
But despite the Veto surely the Council would see this move by the Club as a good step, this brings them back to the Ricoh and tops up the ACL business, everyone's happy?
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Danceswithhorses
Well-Known Member
Didn't that ship sail along time ago ?
thaiskyblue
New Member
After yesterdays sisu annoucement why would they want to deal with shitsu.
chiefdave
Well-Known Member
They did and Higgs agreed a HOT only to never hear from SISU again. I believe the 'formula' price was around £10m and SISU offered around half that but still had their bid accepted.
SISU should have really exercised the right to purchase 50% of ACL on day one. They would have got all match day revenues and been in a stronger position to renegotiate the rent owning half the company they would be negotiating with. They could also have blocked the joint venture company with Compass ever being formed.
RoboCCFC90
Well-Known Member
I am of that but surely they would welcome fresh negotiations?
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RoboCCFC90
Well-Known Member
To rid themselves of the involvement in the nightmare situation and tussle that is the Ricoh..
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chiefdave
Well-Known Member
Worth pointing out nothing has ever been put to the council to even have a chance of exercising their veto. If they purchased half of ACL now they could spend the next couple of years working in partnership with the council and building up the level of trust, at that point they may have more chance of getting hold of the whole thing.
RoboCCFC90
Well-Known Member
I agree with all that mostly, but is there no way fresh negotiations cannot take place now?
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RoboCCFC90
Well-Known Member
Exactly! Purchasing this share for around £5M-£8M would make things smoother and give better positions to all for fresh negotiations?
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chiefdave
Well-Known Member
Higgs and the council have, at least publicly, always stated they were happy to talk at any time if a serious offer is made. I suspect in Higgs case it would now require paying the legal fees owed from last time round and SISU dropping their court action before they would enter talks again. Of course if SISU did both of those things it could be seen as them offering an olive branch.
Danceswithhorses
Well-Known Member
Call me old fashioned, but i don't think withholding contractually agreed money from the AEHiggsTrust charity for 2 years, and then counter-suing them, is a good way to start negotiations and show 'good intentions'.
RoboCCFC90
Well-Known Member
But that's the things how do we know it was contractually agreed it's never been mentioned that the £30K the Higgs are suing for was signed on a contract??
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RoboCCFC90
Well-Known Member
It's always fathomed me why they didn't before but more so now.. Surely it can only leave them in a better place?!
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thaiskyblue
New Member
i thought sisu had moved on and are building a new stadium robbo.
RoboCCFC90
Well-Known Member
thaiskyblue
New Member
Danceswithhorses
Well-Known Member
Maybe i'm wrong, but i really don't think the charity would be taking this to court on a verbal agreement (unless they've recorded/videoed the meeting lol)
That of course is the sensible approach but since when were Shitzu sensible?
Danceswithhorses
Well-Known Member
Agreed.
To be honest i'm fed up with ACL/AEHT seemingly kowtowing to SISU, and trying to accommodate them.
Surely as SISU are the party who want something from this (ie the Ricoh), they should be the ones ingratiating themselves to ACL/AEHT/the fans.
Unless we see goodwill and movement from them, stuff them.
stupot07
Well-Known Member
It was probably the goodbye handshake...
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Specs WT-R75
Well-Known Member
Let them buy ACL for 15m or so. Issue a 99yr lease on the stadium with covenant that ccfc must play there at zero rent to prevent being screwed if they sell ccfc or ACL. Lease on the arena side to continue at remaining 40yrs...
duffer
Well-Known Member
I'm kind of confused by the OP. SISU started to negotiate for the Higgs share and then pulled out, supposedly owing the charity £30,000. Hence the impending court case.
Both sides are now seemingly committed to court - it seems unlikely that either would trust the other sufficiently to begin a new round of negotiations.
As for olive branches - when was the last time that SISU moved their position towards ACL/Higgs/Cov CC? At every step in the process SISU have asked for more from these parties, not less.
Both sides are now seemingly committed to court - it seems unlikely that either would trust the other sufficiently to begin a new round of negotiations.
As for olive branches - when was the last time that SISU moved their position towards ACL/Higgs/Cov CC? At every step in the process SISU have asked for more from these parties, not less.
No I'm suggesting Its personal beyond just what they want economically.
Exactly. Even now, what sisu/Otium/whoever want from things changes on a weekly basis.
The goalposts are always moving and if they don't like something, a court summons arrives.
skybluefred
New Member
I cannot believe there are people on here who would still deal with sisu.
We all know the rent on the Ricoh was to high,we also know that CCFC agreed that rent,
and that sisu having conducted due diligence accepted it also.
Some years down the line and through their own neglect of the playing staff of CCFC
the Club got relegated. Sisu then decided to attempt to distress ACL by withholding the rent,
and subsequently forced their own administration to get out of the rental agreement.
This led to CCFC having no ground to play at--even though the CCC/ACL said they could still
have use of the Ricoh. This wasn't acceptable to sisu so they moved the club to the Cobblers.
By there own admission sisu have no interest in football--there only interest being in making money
for their investors.
I hope they lose both the JR and the Higgs claim.
We all know the rent on the Ricoh was to high,we also know that CCFC agreed that rent,
and that sisu having conducted due diligence accepted it also.
Some years down the line and through their own neglect of the playing staff of CCFC
the Club got relegated. Sisu then decided to attempt to distress ACL by withholding the rent,
and subsequently forced their own administration to get out of the rental agreement.
This led to CCFC having no ground to play at--even though the CCC/ACL said they could still
have use of the Ricoh. This wasn't acceptable to sisu so they moved the club to the Cobblers.
By there own admission sisu have no interest in football--there only interest being in making money
for their investors.
I hope they lose both the JR and the Higgs claim.
Grendel
Well-Known Member
We have to deal with them - they own the club.