Some good stuff in there, puts a bit of a different complexion on some things.
Doubt if most will bother to read it though.
“I think the reality of the situation is that the price Higgs have negotiated [with SISU] is very significantly above the market value
and that even after the restructure I am proposing, the Charity would struggle to get much above this unless a substantial rent deal was
agreed with the Football Club.
My personal view is that the three people who are most essential to this negotiation from the shareholders side are myself, Martin Reeves and
Paul Harris. The only time in the next 4 weeks when all 3 of us are potentially around is 28/29thAugust...
In parallel, my proposal is that we continue to discuss the main deal with SISU, to keep communication open with them. This is going to
mean further release of information about ACL under due diligence and they will certainly want to come and talk to Daniel/John Streets,
to get some deeper understanding of operations...
The alternative is to continue a standoff with SISU– I think this will be difficult to maintain and in any case we may need a fallback position should our attempts to approach the Bank fall through (although if we can’t do the YB at a relatively high price SISU’s chances of a much lower price have got to be questioned).”
It's a Sisu account of things.
Where is the Higgs account?
It's a Sisu account of things.
Where is the Higgs account?
Anybody want to quote the points of interest?
It's quotes from ACL, Higgs and CCC meetings and emails.
Read it you tit.
Got to some rather dubious looking emails!
Have to be aware that of course, when building an argument, they'll pick the bits needed for that argument... but they are still rather... curious!
Got to some rather dubious looking emails!
Have to be aware that of course, when building an argument, they'll pick the bits needed for that argument... but they are still rather... curious!
He doesn't want to read it. The truth will destroy him.
Just finished reading the whole thing. Thought it was what the judge had said. Was about to join in with the ACL bashers and wondered what Higgs had been up to. Then got to the end and saw who had put it together :facepalm:
Points of interest? Many. But no idea what the truth is. If the judge believed half of it he would have awarded them 290k.
Just finished reading the whole thing. Thought it was what the judge had said. Was about to join in with the ACL bashers and wondered what Higgs had been up to. Then got to the end and saw who had put it together :facepalm:
Points of interest? Many. But no idea what the truth is. If the judge believed half of it he would have awarded them 290k.
You can't argue with some of the quotes though (I am not in the slightest saying this makes SISU innocent at all, we haven't seen some of their key quotes yet).
I still don't get how SISU got these emails to use as evidence?
How would they get hold of private emails? Could easily be real. But if real were they taken out of context? Like I said sounds bad. Is bad in parts if true. But like you said price way above market value is interesting. That was a SISU statement. Wasn't a valuation.
Certainly been an interesting day. Hope the rest will be out in the open to read. Then it will be easier to work out what went on. Would love to be able to read the judges thoughts.
My guess is they would have asked for them when issuing the counter claim. They would have requested all communication relating to the case. If Higgs had not complied (ie, not released all the e-mails etc) and were found out then potentially individuals would end up eating porridge and having to be careful in the shower.I still don't get how SISU got these emails to use as evidence?
Interesting thing it definitely gives the council the heads up for June
My guess is they would have asked for them when issuing the counter claim. They would have requested all communication relating to the case. If Higgs had not complied (ie, not released all the e-mails etc) and were found out then potentially individuals would end up eating porridge and having to be careful in the shower.
Keep sticking your head in the sand Astute.
Actually your a reasonable and objective guy. You will soon realise what really has gone on here.
I don't stick my head in the sand. That is what people that only care what will happen the next few weeks do. I have always looked for what is best for our clubs future.
A lot of what was on there is very interesting. What we have to do is deal with what is the truth and what is hearsay but written in a way to make it look like a fact. This is one side of the story. We have the other side of the story and then what the judge decided. I will lean more towards what the judge decided as he is the one that saw all of the evidence and would have a better idea than any of us.
I don't stick my head in the sand. That is what people that only care what will happen the next few weeks do. I have always looked for what is best for our clubs future.
A lot of what was on there is very interesting. What we have to do is deal with what is the truth and what is hearsay but written in a way to make it look like a fact. This is one side of the story. We have the other side of the story and then what the judge decided. I will lean more towards what the judge decided as he is the one that saw all of the evidence and would have a better idea than any of us.