Grendel
Well-Known Member
You got a like from Arsetute for that well though out response. Well done.
Higgs vs CCFC Court Row (77 Viewers)
- Thread starter Nick
- Start date
You got a like from Arsetute for that well though out response. Well done.
J
Jack Griffin
Guest
Strikes me that Joy not only knows nothing about Football, but also knows nothing about the slow and indecisive nature of UK local government. Do ya think she would be more comfortable negotiating with Rob Ford?
SimonGilbert
Telegraph Tea Boy
Thanks for your kind words guys. They are appreciated! And thank you for reading 
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
bigfatronssba
Well-Known Member
If we're into simplistic arguments like that then Higgs and CCC have played a blinder here.
Today Higgs Vs Sisu: Higgs blame CCC, Higgs free from any accusations, no comeback on CCC as their not on trial.
JR CCC Vs Sisu: CCC blame Higgs, CCC free from any accusations, no comeback on Higgs as their not on trial.
dongonzalos
Well-Known Member
So the Higgs charity had no legal obligation to inform SISU they are in talks within anyone else once exclusivity is over
D
Deleted member 5849
Guest
That is indeed a fair point.
And it's one of the sad things about this whole affair. Mutton bangs on about not wanting a hedge fund involved, Seppala gets frustrated with the pace of council decisions so applies ridiculous pressure and then announces she can't deal with them.
Anybody who's come within sniffing distance of a council knows the shock is when a decision's reached, not the 400 meetings about meetings beforehand!
Astute
Well-Known Member
Not at all.
Just like Grendel who said everything was insignificant until the same comment was made. Suddenly it was fantastic. Yet we are to believe what SISU says without the person in question having a chance of speaking. And strangely enough I take what SISU say with a pinch of salt. Just like the vast majority of us do.
Astute
Well-Known Member
Sorry. Didn't know that SISU were well known for telling the truth.
duffer
Well-Known Member
Now that would be clever. Higgs are named as interested parties in the JR, but it's the council who carry the can at the end of the day. There are some guys on this forum who would make half-decent lawyers - these waters are shark-infested.
Seems to me that Sisu could easily have purchased a half share in ACL from day one. This has been common knowledge for a very long time. Again, at some point in 2012 they were in prime position to buy that half share for a figure of around 5.5 to 7.5 million pounds. They faffed about at that point, looking to get a cheaper deal. Again missing their chance. Again that seems to be common knowledge.
They blew it. Their history here could easily have been so different. A tiny bit of investment on their part would have earned them millions. They didn't do this.
They've probably lost as much this season at Sixfields as they might have spent on securing that 50% share of ACL.
They are not very good business people are they.
They've repeated that off the field dereliction with the on the field stupidity. Setting up the midfield in the relegation season with two 17 year olds and selling our main striker as we nosedived to relegation.
They deserve every criticism coming their way.
There's nothing in this Higgs case that most City fans couldn't have told you anyway. A year ago, at that.
Dress it up anyway you like, Sisu really messed up. They only have themselves to blame.
They blew it. Their history here could easily have been so different. A tiny bit of investment on their part would have earned them millions. They didn't do this.
They've probably lost as much this season at Sixfields as they might have spent on securing that 50% share of ACL.
They are not very good business people are they.
They've repeated that off the field dereliction with the on the field stupidity. Setting up the midfield in the relegation season with two 17 year olds and selling our main striker as we nosedived to relegation.
They deserve every criticism coming their way.
There's nothing in this Higgs case that most City fans couldn't have told you anyway. A year ago, at that.
Dress it up anyway you like, Sisu really messed up. They only have themselves to blame.
J
Jack Griffin
Guest
I never understood why it wasn't an option to do that, rebuild trust and after a few yrs of break even & careful management be in a position to buy a majority stake the Arena at more preferential price, possibly by each rent payment buying a small share percentage. All this moving to Northampton to force the issue smacks of there being only a short term plan.
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spider_ricoh
New Member
There's a lot in that, I have often thought that they have mis-read their opponent/victim and chosen the wrong tactics. This kind of things probbly works will in the private sector of construction / leisure management / manufacturing, but a council with a budget of half a billion quid do not have as much to lose and have more ability to withstand SISU bullying and push back against it.
spider_ricoh
New Member
The answer is that they want to destabilise ACL and get the Ricoh at a alower price.
Having said that, the difference in price of getting the Ricoh cheaper may start to get outweighed by the huge losses being incurred from crowds of 2k at Sixfields
James Smith
Well-Known Member
I'd be worried that even if we'd got a quick return to the premier league getting out might not have been so easy for them. As we are now being repeatedly told by Mr Labovitch football clubs can't survive without the pie money. So would a potential purchaser look at the books and say why haven't you bought the Higgs share back and negotiated for the matchday costs. Also wouldn't having a half share in ACL have increased the value of our club.
dongonzalos
Well-Known Member
Can PWKH start posting on here again once this is over or does he have to wait till SISU lose the JR?
It used to be nice to get a truthful insight about what was happening
It used to be nice to get a truthful insight about what was happening
spider_ricoh
New Member
This is, and always has been, the flaw in your argument. We do not depend on SISU - other investors would just take over and be granted the golden share by the FL just as they did when we went through liquidation last time.
The priority has to be to get rid of SISU - I don't "support" ACL but it is nice to see someone standing up to SISU bullying and throwing their pressure back in their face. I pray daily for a CCC victory at the JR, not for the sake of it but because everything that makes SISU's life harder has got to be a step closer to seeing them throw in the towel.
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You can stop praying, it won't help. ACL will not win the JR.
In fact ACL won't even be there.
spider_ricoh
New Member
Good point, edited accordingly.
On the converse, if SISU win the JR and somehow get the Ricoh for a steal, that will not only shake my faith in the justice system but would also make me consider giving up as a Cov fan.
tisza
Well-Known Member
I'm pretty sure SISU will want ACL director West there.
Sisu winning the JR won't automatically lead to them getting the Ricoh for a steel. But two things may happen - ACL may need to repay the loan to CCC and sisu may have grounds to sue for damages.
If Sisu win, it means CCC lose and have been proven to act illegal - or outside the legal scope of state aid. So some blame will probably have to be placed. In that scenario I think the most likely outcome will be a return to the original agreement where sisu buys the Higgs shares (maybe for a little less than the previously agreed £5.5m) plus agree a similar price for the CCC shares plus a 125 yr long lease. In return sisu will abstain from pursuing damages.
Again that's what I think may happen IF sisu wins the JR.
spider_ricoh
New Member
As we know, Tim and Joy like to play hardball so in that scenario I would suggest that in return for not pursuing damages, the deal price for the Ricoh would be a lot lower than £5.5m x 2.
Grendel
Well-Known Member
Can you name any club ever been promoted to the premier without pie money?
Done and Dusted by lunch ,wrap up the paper work by 3pm. and head for the Country retreat for a long Weekend .
How far off Easter are we?
D
Deleted member 5849
Guest
I'll actually ask as I don't know but...
What deal were Crystal Palace lumbered with when Dowie took them up?
I know not owning the ground crippled Jordan in the end, but... what was their rental deal?
fernandopartridge
Well-Known Member
spider_ricoh
New Member
CCFC "needing" F&B income does not in any way create an moral or contractual obligation for ACL to cede this for nothing in return. Your posts constantly blake ACL / CCC as if they have a responsbility to help, assist, subsidise the club thriugh sub-commercial deals on handing over revenues, levels of rent, paying legal costs etc. The fact that CCFC needs every penny it can get doesn't mean anything - tough luck boys.
Do you know consider this court case important? You didn't yesterday when your good friends SISU were having their arses handed to them. Funny how your opinion changes according to which of the sides is under scrutiny.
shmmeee
Well-Known Member
spider_ricoh
New Member
Never said it was criminal justice, but this is still going through the courts as part of the legal process. A SISU win would be a gross miscarriage of fairness, an example of these slippy bastards using loopholes and grey areas in the law to force through their own agenda. Just like they used liquidation law to slip out of the ACL lease. I will never forgive them for that.
Rusty Trombone
Well-Known Member
Mr G, you know you just might be right about the importance of pies in football.
Pukka Pies FC was set up in 2013 by a group of young enthusiastic Pukka Pie employees.
As a well-established company with a great reputation for healthy living, the team were hungry to accommodate plenty of invitations for friendly football matches against other local companies.
Andy Ryder who has worked for the company for 15 years was soon appointed Football Manager and everyone involved showed a huge interest in continuing making "Pukka Pies FC" a more permanent fixture.
Pukka Pies Football Club continue to support the company name in the Leicestershire Alliance League and look forward to a prosperous few games ahead in 2014.
Check out our news section after each game for updates and photographs....
Pukka Pies...don't compromise.
letsallsingtogether
Well-Known Member
How about one playing 35 miles from its Home?
Plus how many have been relegated also getting the famous pie money.
Plus how many have been relegated also getting the famous pie money.
spider_ricoh
New Member
And how many succeeded with an annoying bloke in the stands blowing a feckin whistle all game....
mrtickle
Member
I could be wrong but all half of ACL gets you is 50% of paying off the mortgage. They do t make any money and you don't own the area.
letsallsingtogether
Well-Known Member
I'd like him to expand on this Majid guys approach.
Astute
Well-Known Member
Most of us agree that it might happen if SISU get the verdict on their side.
There are a lot of things that could happen. We will have to wait and see.