Are we saying the rent strike and the strategy involving this is ethically or legally correct?
Read this I dug up:
By 2012, the judge found: “Sisu had no strategy for maintaining a sustainable football club, except one which involved the purchase, at a knockdown price, of at least a 50% share in ACL and thus the Arena” and the purchase of ACL’s bank loan, also “at a knockdown price”. Trying to secure those aims at the lowest cost, Sisu stopped paying the rent, doing so for the last time in March 2012.
“Sisu distressed the financial position of ACL by refusing to pay ACL any rent or licence fee,” the judge found. “... It had the effect of reducing the value of the share in ACL that Sisu coveted. Sisu’s strategy of distressing ACL’s financial position ... was quite deliberate.”
The 49-page judgment is shot through with references to this “rent-strike”. It says: “CCFC [owned by Sisu], fallen into a parlous state as a result of mismanagement, had unilaterally refused to pay the contractual rent it was legally obliged to pay to ACL.