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Yes as an operating expense , the same way they gat a share of your income when the bill you for what you have used

Spin to justify his position. saying to would expose the football club to liabilities. If SISU own 50% of ACL its still ACL that are liable not WASPS, CCFC or SISU.

The 14m loan has to be Paid The purchase price and therefore the value of ACL at the time of purchase was 5.5M Often the press , companies or individuals like to inflate the value of the takeover deals by including items such as the loan as it is real and has to be paid, its lazy and...

As much as I dislike SISU they cannot be denied recourse to the law like the rest of us. We cannot be selective

The actual value of ACL will vary at any given time and will certainly be dependant upon the number of tenants and revenue streams that are open to ACL. During the JR there were a number of valuation scenarios given by independents that would determine the value of ACL given the rental income...

Yes Time will tell, but it certainly shows why the WASPS deal was far more acceptable to CCC in that SISU would expect a significant if not total write off of the debt as well documented.

WASPS probably paid about what the market and book price would be at that time. Considering that as at the time there had been no anchor tenant for some and a high risk tenant, with a history of making 60m in losses and a record of non payment, agreeing a 2+2 deal for 100K rent recently...

You also have to consider the value of the Lease at any point. Given that in 2012 they were paying 1.2m and looking to reduce this in 2012 as per the dialogue between the parties. Richard Ellis performed a sensitivity analysis, which indicated...

They made a conditional offer of 5.5m , one of the conditions was successful negotiation with the bank to purchase the Loan where they were miles away with their offer to the bank. Also they reduced the offer to about 2m. So in reality there was never an offer at 5m other than in the initial...

The ability to operate the lease and develop and make some money!

why not expand to a 2 game protest . 1 ) Fill the Ricoh and 2) empty the Ricoh. would be a powerful demonstration of what the club could be at either ends of the Spectrum. Powerful reminder to SISU and also to any other potential investor that CCFC does have a considerable FAN base.

One again the disappointing thing is that SISU are just so lazy with their facts and plans. Within an hour of the publication of these minutes a Bus has been driven through their plans assumptions and reasoning, being able to source publicly available documents. Mr Fisher when you next hand...

I would suggest that he will have met both Rugby and Nuneaton councils as he stated. In the minutes he chooses not to say when or the subject mater simply that he has met them. He leaves us to join the dots.

This made me smile since in the JR the biggest threat to ACL was the performance of CCFC and the potential non payment of rent. I don't challenge his numbers or what SISU thought is was worth as that is pure supposition, but its just Ironic again direct from TF TF...

think this says it all really. Directly from minutes as stated by TF The ground share agreement with The Football League allowed the club to play atanother ground, outside of Coventry, until 2019. However, now that...

David Rennie, Julian Joachim

sandy robertson

Great win today!

Ian I agree that sensible discussion could probably had this situation resolved in a different manner with a potentially different outcome. I would really encourage you to skim through the report, it clearly sets out the starting position , discussions , tactics/ actions from each side and...