Grendel
Well-Known Member
I think you will find this is capitalism. What actually do you want? All you do is post curious anti-sisu comments with no alternative. The OP is crap and so is your assumption. Grow up.
unfortunately this is not bollox,
we are being manipulated by ruthless persons who seek nothing more than personal gain,
for too many years the club has been controlled by persons intent on gain for themselves,
& not OUR CLUB,
PUSB
When are we going to cut out all the bollocks and get the to real isssue??
What is the new deal on the rent? Who will own ACL?
CJ, is there a new deal on the rent yet, or are the parties still dancing? If a deal has been struck, I'm sure that TF would let the world know.
they can veto,i hope they dont though, club needs to move forward.
He SHOULD play for England. He is more English than Jamaican!!
Using the "King is Jamaican because of his ancestry" so called 'logic', you could qualify the likes if John Aldridge, Tony Cascarino and Andy Townsend to play for Ireland....oh, wait...
It seems the logical conclusion to be fair. As the significant revenue generator this is an obvious strategy to force the sale.
Fisher has stated in interviews on 3-4 for occassions that it is "purely Strategic", and indeed it is obvious how the horizon is intended to look .Of course the Paxmanlike journo's of local rag and radio have pursued him with equivilent zeal on the diachotomy of what he says,IE; "We can't afford this level of rent" , Journo,"Why not pay what you think you can afford in the interim"?
"We are paying no Rent for strategic reasons",Journo, "Is that likely to aid or alienate the organisation you are intending to do a deal with,,when it appears you have money for aquisition but not what you are legally bound to HONOUR,you do know the meaning of the word Tim"?
This is not going to be an amicable settlement - SISU are IMO over playing their hand - the 50% reduction offered WAS a very good discount and not legally required by ACL - SISU need to stop being so hard faced about this and consider actually ACL's position and their need to satisfy their owners - it would not therefore surprise me to find ACL using the full weight of the law to force the original contract through
It really is about Trust and entitlement .Are Sisu allowed to use this vehicle to make amends for their massive FEFF UP?!! I have no doubt there is greater potential within the set up of ACL to increase income and earnings as i think elements are under used for the majority of the year.The destabalising effect has already started and been felt with the exit of the two top execs within ACL .If they were successful in their bid there are likely to be three scenario's.
1.They apply the same principle as they have to the football club ,bringing in a ill qualified troupe to work alongside the ACL crew,meaning Hiatus ,Failure,Boardroom War ,Blood on the Carpet ,que the revolving Door.Culminating in ACL's failure and a purchase of the second half for a pittance.Pretty much what Hoffman tried to do with the Club !!!
2.They recruit persons who've excelled in this field ,taking a longterm approach to grow the business alongside ACL ,Investing extra revenue to aid the payoff of the loan on the lease and make a return earlier.
3. They get through the door on this deal and promptly try to recoup some of their losses by departing.
There are few complicating factors which make No.2 unlikely haha.Hedgefund,not enough funding,plus local factors in the current setup,IE;Compass ,the Super Rate if ACL makes over a certain level of Profit ,so 1.or 3. place your bets.
i
I have one big reservation in all of this and that is the view of PWKH.
He has stated on here or in the press that he believes these people are the best who have run the club since his organisation have been involved in ACL.
Now that may be true if he's refferring to addressing costs within the club ,however when basing it on the approach to the success of the club and its part in the success of the whole venture I find him wide of the mark .
He's stated that while Higgs would like to be involved in other ventures within the City he is under no obligation to exit Higgs from ACL.
Is he taking any account of the difficulties Sisu are creating for the council /ACL.
What is or Who is reassuring him that these people are the ones to safeguard the venture and the Club??
Thats what I was meaning OSB ,and based on that ,can he not see the risk to ACL from his desire to do a deal with them ,he said he would'nt do a deal to jepeordise all Higgs and ACL have achieved .How is he re-assured on this??think you have to read his words a little more closely Wingy .......... he was saying that since he became involved that the current people running CCFC are the best he has had to deal with in respect of financial nous ......... not that they are the best thing for the club to go forward. I took it as basically the best of a bad lot.
The OP might have been told this and it might indeed be "bollocks" ...... but he did qualify things in his original post by saying he didnt know if it was true or not. But he might have been told this and it is correct... we simply dont know if this message, simply relayed, is or not
wingy - you mentioned about the two execs leaving because of the situation. It isnt quite like that
the Chairman Mr Allvey left not because as reported in the CT he was upset with SISU but because the Board of ACL made a decision that they required someone better equiped to deal with the further development of the site
Similarly with Daniel Gidney. He didnt leave as reported in the CT because of his frustrations over the rent and SISU. He totally denied that in a radio interview at the time, said it was paper talk and totally inaccurate. He was in fact head hunted by Lancashire Cricket club (they approached him because of the job he did at the Ricoh), he has moved to a prestige venue with exciting investment plans. He felt he had done all he could at ACL and it was time for other staff to step up
Sometimes a shake up of management is a good and correct thing to do. On both counts the CT got the story wrong for the sake of a headline ......... creating a perception that two entities benefited from, the CT and guess who
OSB is right, in fact a company that looks at making changes in its senior management team every 3 years or so is a characteristic of a growth company.
No inside line Wingy ........ good memory maybe, plus my own profession allows me to think perhaps in a different way and questionI also heard Gidney interviewed on CWR so that helps
The compass deal is worth a reported £125m (which is the estimated income they predict over the 10 years before costs i would guess) it isnt what they paid for it. Compass and ACL work in partnership...... Compass get their costs back and the profit under the agreement is split between. So ACL did not and will not receive the £125m
If PWKH is comparing Wisher and Faggott to Richardson, Hover, Robinson, Fletcher and saying they are better, it is rather like saying a stale pint with a fagend in it is better than one that's been pissed in.
If PWKH is comparing Wisher and Faggott to Richardson, Hover, Robinson, Fletcher and saying they are better, it is rather like saying a stale pint with a fagend in it is better than one that's been pissed in.
Nick - you asked what a Trust can do. The Sky Blue Trust is, among other things, making sure it is in a position to try and help save the club should this threat be real or any other similar disaster hit these or any other owners - far fetched? See link - obviously not a done deal but they have our best wishes and it shows what a strong trust and united fan base can achieve
http://www.portsmouth.co.uk/sport/p...-in-takeover-bid-to-takeover-pompey-1-4388414
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