Club Statement (9 Viewers)

[Astute]

They didn't keep the rebate quiet, people knew about it it just wasn't reported.

I have no idea how much has left, neither do you.

Do you know that 300k was paid when they are trying to say it is 500k?

Does it make sense that they are trying to say that 500k was paid and they don't want to pay anything twice????? so they only put the 90k in to make it up to 590k?

 

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[Hobo]

Yes, I am saying they have paid it into the Escrow.

Now they just need to get the amount confirmed and then it can be released by whoever the Escrow is with.

It isn't being naive, it has been paid into the Escrow hasn't it? Just because I am not getting angry calling them wankers and saying "Just leave SISU".

"Angry", "calling them wankers"? No don't see how those apply to what I have said?

Basic accounting rules, the debt is unsettled. I accept it is in dispute and maybe with good reason. Your the one saying it has been paid, which it clearly hasn't.

 

[chiefdave]

Yes, I am saying they have paid it into the Escrow.

Now they just need to get the amount confirmed and then it can be released by whoever the Escrow is with.

It isn't being naive, it has been paid into the Escrow hasn't it? Just because I am not getting angry calling them wankers and saying "Just leave SISU".

I would be happier if I knew the full amount was in Escrow and that this arrangement was acceptable to the FL. We need them to explain what has changed, we've established the payment isn't rent or part of the rejected CVA so why having said Otium must pay £590K is there now doubt, if there even is any doubt on there side. If the FL came out and said it's £590K and there's no negotiation on that then the story is very different.

 

[Nick]

Do you know that 300k was paid when they are trying to say it is 500k?

Does it make sense that they are trying to say that 500k was paid and they don't want to pay anything twice????? so they only put the 90k in to make it up to 590k?

Wasnt it enough to keep the fl.Happy?

You don't know how much, neither do I. I really don't care as long as the fl are happy with it

 

[Hobo]

Wasnt it enough to keep the fl.Happy?

You don't know how much, neither do I. I really don't care as long as the fl are happy with it

I thought the FL meeting is on 6th June and they haven't commented yet?

 

[Astute]

Wasnt it enough to keep the fl.Happy?

You don't know how much, neither do I. I really don't care as long as the fl are happy with it

So 2 people pay 150k. That is 300k. Should have been 500k but they did something that SISU never do. They negotiated. So yes we do know how much they paid. SISU will know how much they paid. But gives them another chance to spin and create more possible problems. Then they will blame others if anything goes wrong for our club again.

 

[Nick]

I thought the FL meeting is on 6th June and they haven't commented yet?

If they dock us points then I will join in on the anger
Tenner says they won't though.

 

[_brian_]

That is not proof of payment, how naive are you?

Ask the Nigerian who's just made off with Nick's life savings!!! LOL! Only joking, Nick! I know you've had the wool pulled over your eyes by Sisu, but I can't imagine that you'd ever gift your life savings to a Nigerian*!

(*I'm not insinuating that you're racist** - I'm making a joke about how Nigerians*** try to con people out of money through those email scams!!!)

(**And if you are racist that's your choice! I might not agree with it but I try my best not to judge others!)

(***Not all Nigerians, it must be noted!)

 

[savosdad]

2000 people gate receipts so where is all this fantasy money coming from .. Sisu money box must be empty by now mind you they stated that they can fund losses for next 5 years glad im not a share holder what a load of fools

 

[Astute]

I thought the FL meeting is on 6th June and they haven't commented yet?

Not according to Nick although they said that they won't comment until after then......which means after the JR strangely enough.

 

[torchomatic]

How much was it then, Astute? You seem fairly confident.

Do you know that 300k was paid when they are trying to say it is 500k?

Does it make sense that they are trying to say that 500k was paid and they don't want to pay anything twice????? so they only put the 90k in to make it up to 590k?

 

[sky blue john]

Who paid it into the escrow Otium or Appleton ?

For Nick..

 

[Astute]

How much was it then, Astute? You seem fairly confident.

It wasn't the full amount. We know this. Otherwise they would have said. So as usual we are left to work out the truth for ourselves.

Why do they say that 500k was paid by others when it was only 300k? My guess would be 90k to go with the 500k that they make out that was paid by others.

Would you like to take a guess and reason for that guess?

 

[Nick]

For Nick..

No idea, have you?

 

[Nick]

It wasn't the full amount. We know this. Otherwise they would have said. So as usual we are left to work out the truth for ourselves.

Why do they say that 500k was paid by others when it was only 300k? My guess would be 90k to go with the 500k that they make out that was paid by others.

Would you like to take a guess and reason for that guess?

I guess 50 million, the truth is none of us know

 

[sky blue john]

No idea, have you?

So you are claiming its been paid, but you don't know by who or how much !!

 

[olderskyblue]

How much was it then, Astute? You seem fairly confident.

We know how much it was. However much they have collected from the <400 season ticket buyers....

 

[skybluetony176]

I wonder if Higgs or the council owed £590,000 to the club and it was discovered the club then had secured £300,000 from PWKH and Lucas what the reaction would be?

I wonder if marrilion had talented bandmmembers would they be any good.

 

[Astute]

We know how much it was. However much they have collected from the <400 season ticket buyers....

Less than 50k then as it was only just over 80 full paying adults

 

[RegTheDonk]

[video=youtube;ZomwVcGt0LE]https://www.youtube.com/watch?v=ZomwVcGt0LE[/video]

 

[mds]

Why do they say that 500k was paid by others when it was only 300k? My guess would be 90k to go with the 500k that they make out that was paid by others.

Because the 500k was negotiated down to 300k, which means the guaranteed amount is paid, that being 500k, its just their spin, no matter which way you look at it the 500k is paid.

 

[Astute]

Because the 500k was negotiated down to 300k, which means the guaranteed amount is paid, that being 500k, its just their spin, no matter which way you look at it the 500k is paid.

How could 500k have been paid when only 300k was paid? :thinking about:

 

[Sick Boy]

Down with this sort of thing! NOPM

Up the council!!

 

[mds]

How could 500k have been paid when only 300k was paid? :thinking about:

For the figures it is 500k that dosnt have to be paid! It was cleared even tho it was only 300 paid.
Get the debt recovery companies after you, you owe 500, but cant afford that and you offer a 300 lump sum, they accept it. Your 500 debt is cleared even tho you only paid 300.

 

[Astute]

For the figures it is 500k that dosnt have to be paid! It was cleared even tho it was only 300 paid.
Get the debt recovery companies after you, you owe 500, but cant afford that and you offer a 300 lump sum, they accept it. Your 500 debt is cleared even tho you only paid 300.

OMG. It is SISU looking for a reason not to pay 590k. That 300k was for non payment of rent. The 590k was for more reasons.

 

[chiefdave]

How could 500k have been paid when only 300k was paid? :thinking about:

Depends what agreement was made between GR&MM and ACL. If ACL said we will accept £300K as total payment then the £500K is paid, however if they have said you pay £300K and we'll pursue the remaining £200K from elsewhere then that remaining amount is still owed.

 

[Grendel]

OMG. It is SISU looking for a reason not to pay 590k. That 300k was for non payment of rent. The 590k was for more reasons.

How was the £590k calculated then?

 

[covmark]

OMG. It is SISU looking for a reason not to pay 590k. That 300k was for non payment of rent. The 590k was for more reasons.

OMG, wouldn't want ACL to lose out on any money would we?

 

[Grendel]

OMG, wouldn't want ACL to lose out on any money would we?

Astute seems to know the reason the Football League arrived at the figure and it is separate from the £300,000

 

[Astute]

OMG, wouldn't want ACL to lose out on any money would we?

More like I don't want our club to have another season fucked up by SISU playing silly buggers and not paying their debts and taking the piss again. So what is wrong with having the 590k in that account and get a rebate if the FL agrees with them instead of risking more sanctions from the FL?

I suppose you can always blame someone else if it comes to that.

 

[Astute]

Astute seems to know the reason the Football League arrived at the figure and it is separate from the £300,000

By your comment you seem to know that it was only about the rent. The 300k was only about the rent. The 590k must now not be anything to do with the cancellation of the rental contract and a couple of other things now :facepalm:

Just like we are only playing in Northampton because of the rent.....sorry pie money.....sorry rent again.......sorry freehold.......sorry unencumbered freehold.

 

[torchomatic]

Which is why I'd like SISU and ACL gone. No more debt from SISU, no more unsustainable rent from ACL.

More like I don't want our club to have another season fucked up by SISU playing silly buggers and not paying their debts and taking the piss again. So what is wrong with having the 590k in that account and get a rebate if the FL agrees with them instead of risking more sanctions from the FL?

I suppose you can always blame someone else if it comes to that.

 

[mattylad]

Astute seems to know the reason the Football League arrived at the figure and it is separate from the £300,000

The football league didnt come up with the figure. Paul Appleton came up with the figure during his dealing of the administration. The only thing the league stated was that for CCFC to continue trading once the CVA was rejected then it would need to honour the amount offered by Appleton after the liquidation process. Since the figure is a dividend it makes no odds what amount they have been paid from elsewhere.

 

[Warwickhunt]

Seems like they've played by the book in this instance, according to FL instruction.

However the validity of FL instructions holds as much weight as David Icke and his relationship to the big man in the sky...

WM

nothing wrong with david Icke really he just had an aversion to crosses when he played for us. If its in an Escrow then the FL will be satisfied

 

[Godiva]

By your comment you seem to know that it was only about the rent. The 300k was only about the rent. The 590k must now not be anything to do with the cancellation of the rental contract and a couple of other things now :facepalm:

Just like we are only playing in Northampton because of the rent.....sorry pie money.....sorry rent again.......sorry freehold.......sorry unencumbered freehold.

Really?

The original agreement saw the pair agree to guarantee a combined £500,000 if the club failed to fulfil its financial obligations to ACL.