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As i said previously, the accounts filed by ACL would have given an accurate picture on the date of filing. Many company ensure that their cash balance etc.. is at its best when the accounts due. It is a snap shot of the state of the company at that point in time. . The accounts show that they...

The answers to your points 1) Yes they could have chosen to do this and they are free to do this at any time if it makes sense for their business model but it may be good business for both parties. This is what these new papers from SISU concern, they are trying to prove that it is the same...

from the link The oral hearing follows Justice Males’ rejection of the case in August - which was based on each sides’ paper submissions. He had ruled there was no arguable case that the council’s loan to ACL had constituted an unlawful “state aid”. Instead, he judged it was made on commercial...

No i don't agree with your post and that is not what I have said

Not necessarily ACL was making money that is a fact in the accounts ... just not much money ... The bank was becoming obviously becoming concerned the longer CCFC stayed out of town .. the very reason for the move.

is that how you consider the purchase price of your house? just your deposit is the total value of the deal? the bank will have a charge on the balance , same as CCC. Just depends on your point of view which numbers you chose to include

I am not saying they were lying but they would have been putting their best foot forward as they say. The only real factual measure is the accounts filed at Companies House , they do not lie and are stament of fact, the rest is to some degree an interpretation by which ever party is trying...

Grendel, the money to purchase the debt from the Bank was funded by the councils cash reserve. So money that had to hand and not borrowed. Rather than have this cash in deposit in a bank (at minimal interest rate and probably losing value when you take into consideration inflation) they used...

Isn't that how the whole buy to let market property market works.? if i am not in a position to buy i rent. The landlord then services his running costs and makes a return and usually with a house the value increases. In the case of ACL that value of the business was decreasing. So did...

Not a reflection of what has happened. There has been a cash transaction and the taking on of a commercial Mortgage / loan. The loan from the council is not free it attracts interest the same as every commercial loan and given the current environment it is probably making more of a return for...

We could debate this for weeks and still not be right but it seems clear that the revenues for ACL were declining and the business seems to have been slightly north of break even. The sale of ACL shares and the business would have to be at a fair market value at the time of sale. In the past...

I contacted Simon regarding this point he responded immediately. I also messaged OSB58 and Nick regarding this subject to see how we could get something going and got responses. OSB58 seems to have this in hand I'll leave it him to elabourate as there were a few issues re timing etc... that...

The last saturday before christmas is always the worst attended games due to expense budget and just having to get stuff done before christmas. The crowd in that respect was probably better that I would have expected given all the gloom surrounding the club and the opposition not bringing many...

Dave, this is your money they are after. The money that goes to mend the road, look after the old , the lollypop ladies, libraries, empty the bins, policing, community projects, school dinners, parks (public places and football facilities) and care in the community etc..... If they get one...

this is just about building a case against CCC for damages due to the losses CCFC incurred due to them acting as banker. They have built up substantial paper losses which they will be looking for the court to rule that they are legitimate damages and the council will have to recompense SISU...

This is not about the RICOH its solely abut SISU seeking a cash settlement from CCC. “We believe that some of the decisions the council has made were not taken in the best interests of Coventry taxpayers and had a seriously damaging effect on the club. “Commercially, it is the right thing to...

Just Go NOW

If you mistreated your wife for 7 years , stop paying maintenance, take her to court and then move out saying you don't want to be with her then take her to court again..... is it any surprise that she may choose to settle down with someone else?