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An exclusivity clause is neither illegal, unusual or unreasonable especially in privately owned companies. I assume for exclusivity to be active then the fee has been paid. Administrators or whoever running the process are required contractually to block other interest, better or otherwise. Such...

NO & i dont post on any other forum, there is enough comedy from people like you on here to keep me more than entertained

The bondholders challenge has a number of problems when it goes to court Thursday The bondholders are not acting as one body though which is a problem. It doesn't even look like it is the majority of bondholders at the moment opposing. They do not have a lot of funding to challenge the...

That bit seems oddly familiar...... I am sure our owners recognise that tactic

Hard to pick out one player above the others. It was a top team performance with everyone fully committed and no lack of skill. Really impressive If I had to give to anyone it would be Fadz. His leadership was key. His run and attempt at goal was him saying come on we are better than the last...

Playing out of position, up against some top players and stood up to it well, does the simple things well generally, gets his foot in, breaks things up, has a decent cross, makes himself available by never hiding, growing confidence and a integral part of the best defence in the league. What's...

I would think that a major part of Richardson rejecting the proposal was that there was no way of him getting anything back. Even putting the ccc involvement aside, that proposal just kicked the same problem down the road. It seems to me it solved nothing. Would also think that certainly up...

Just catching up on all this and rarely would I say this but wtf ! The only answer to wasps requiring council help was no you are on your own. Same as the council has always done for the many coventry companies that have gone bust "needing" council help over years. Beggars belief they even...

Trustees act as custodian or benefit for others not for themselves or own self interest. So being a Trustee for the bondholders would not give MA an "in"

ACL have no right to the P share so wont be part of the ACL deal/prepack

very likely fp (y)

Having used pretty much the same play book when they "bought" CCFC out of administration you would think they understood the process going on. The frustrating thing is that they do not seem to have tested the administrators resolve until the last couple of days when it was too late because of...

Car park C

Helicopter 🚁 landed close to stadium 🤔

Probably not. I think right now we have got to be patient for a month or soand let it play out. The fans will have little no effect on what will happen. They certainly won't be the first to know.

Sisu don't have to sell to him. They can stick or twist with someone else even. Ashley doesn't have to buy CCFC at all or could offer to buy at a time of his choosing. They could even form a partnership of some kind without a change in ccfc ownership. All options remain on the table. It's...

I wouldn't recommend such a deal but who knows.

I will keep it simple for you. Having received 30m it means sisu entities will still be owed 60m just that all the debt will be sitting in sbs&l

No one is saying that sisu want to sell at 20m. Just about everyone is saying they won't get offered what they want or need. What that means is that we are stuck with them for the foreseeable future. Unless Ashley can twist sisu's arm once he owns the stadium. He won't make a move on that...

Sell 51% and the proceeds go first to sbs&l technically as that is who owns 90.1% of otium ordinary shares. But The funds, due to the ARVO charge over the otium shares, would have to be applied to the high interest rate loans due to them. From what we can calculate that is now sitting at around...