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  1. oldskyblue58

    An interesting find

    its the assignment to CCC of guarantees given by Robinson & McGinnity to ACL in 2003. It forms part of the security for the £14.4m loan given to ACL by CCC. Those two characters had never been released from their guarantees, and the benefit of those guarantees was transferred from ACL to CCC...
  2. oldskyblue58

    SISU Statement - Article From Sky Sports

    you see i go back to the comment made to me when i met her............. "i dont do compromise i tell people what i want" ........... word for word btw, and i have no reason to think her attitude will have changed. I hope i am wrong Hopefully something will be said that will crack things today...
  3. oldskyblue58

    SISU Statement - Article From Sky Sports

    Just getting everything in the right order ....otherwise known as being pedantic i guess ;) Not really covered no because the council are the ones subject primarily to the JR2 so in return for any co operation that would have to tie in with in first point that legal action against them has...
  4. oldskyblue58

    SISU Statement - Article From Sky Sports

    Moz was on CWR this morning In terms of a statement it would make sense to me to issue one after the Westminster meeting later today.
  5. oldskyblue58

    SISU Statement - Article From Sky Sports

    Surely its the Council that require confirmation that the legals have been stopped first before moving on to any agreement with Wasps? Would be very surprised if what you have put is the statement that is issued by CCC
  6. oldskyblue58

    SISU Statement - Article From Sky Sports

    So what we really have is not an olive branch but a statement of terms backed up by a story as they want to portray it. But at least they will all be meeting today as already planned. Let's hope for some compromise and open minds from all sides. It is what is said in the meeting that's important
  7. oldskyblue58

    SISU Statement - Article From Sky Sports

    I am sure that is at the fore front of everyone's mind already isn't it.
  8. oldskyblue58

    SISU Statement - Article From Sky Sports

    Olive branch.... I thought talks had already been facilitated involving all parties at Westminster...... so they are already supposed to be in one room talking.... the sisu statement hasn't instigated a meeting it was already happening.
  9. oldskyblue58

    SISU Statement - Article From Sky Sports

    The trading losses of otium can be offset against profits in the future of otium. They could also be used to relieve taxable profits of sbsl under certain circumstances. There are however large capital losses that could be generated in arvo and sbs&l if otium went bust which might be able to...
  10. oldskyblue58

    SISU Statement - Article From Sky Sports

    There are two balls in the council court Call their bluff, Or Do nothing.... I suspect that is what they will do Not sure it will change much for ccc Statement should play well to other clubs when it comes a vote though
  11. oldskyblue58

    SISU Statement - Article From Sky Sports

    It is their side of the story certainly. Contradicts other accounts, omits the judgements in court, provides claims but no proof, puts out figures that are not supported by filed public documents, twists some of the claims made against them. Does produce the odd snippet like the academy that...
  12. oldskyblue58

    Article by Henry Winter

    No the important bit is that Sisu spend months planning their moves in secret then leaving it late to give no time for reaction. Doing it very often at the expense of Ccfc not the benefit because their roi is the most important driver - their investors come first second and third. On the other...
  13. oldskyblue58

    Article by Henry Winter

    Clearly people still fail to see what went on. Most people didn't see it at the time . The application for administration was an expected reaction for Sisu. It was essential to break the lease. I have explained this for years. Clearly CCC ACL etc failed to understand what was going on right...
  14. oldskyblue58

    Article by Henry Winter

    If they didnt get to administration, all that SISU had to say to any regime change was ..... NO Who started the plan and route to administration? ...... SISU when they stopped paying the rent, then didnt even contest the various legal cases for recovery.... but even before that their plans were...
  15. oldskyblue58

    Article by Henry Winter

    it wasnt laid out as a trap it was a calculated plan to break the lease knowing ACL could not do anything. At no point did they get to being able to change owners. The purpose was not to entrap ACL and say look how silly you feel now. It was much more basic than that - simple commercial hard...
  16. oldskyblue58

    Article by Henry Winter

    it doesnt matter if ACL knew it...... the main point is SISU knew it, were in no danger from it and were at no time not in control of it. To keep brining up ACL & Haskell ignores the role of SISU in manufacturing a complete break from the stadium in the first place. It was supposed to benefit...
  17. oldskyblue58

    Article by Henry Winter

    The process was started by SISU well before that, when they created the ARVO charge and things miraculously moved companies. ACL might well have got Haskell involved but the administration was pre planned by SISU with the aim of breaking the lease. It was kicked started by the owners of CCFC not...
  18. oldskyblue58

    In a world of statements

    I would think thats a fair assumption NW The gloves appear to be off, will only get worse from here on in i guess :(
  19. oldskyblue58

    new statement

    "The City Council remains committed to try to ensure that CCFC is able to continue to play its home matches at the Ricoh Arena. It will include a requirement in agreements underpinning the sale that this option must exist for CCFC subject to it reaching a commercial agreement with ACL. The terms...
  20. oldskyblue58

    Groundshare back on

    I think this time around more people would follow the team to another ground. However it wont mean a crowds will be at current levels. Even a 50% reduction is going to leave a big hole in the finances. Another teams ground probably is not going to be any cheaper. So how do they cover the...
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