Grendel
Well-Known Member
Did not OSB agree that interest is being paid and that investors are being paid? I am sure he did.
Grendal..as an accountant i have to correct you...intest is being levied, but there is no cash in the club to pay it!!! so how can they sustain that. Also accounting principles dictate the interest being levied would have to be provided against and written off as a bed debt.
Did not OSB agree that interest is being paid and that investors are being paid? I am sure he did.
From where?......The pathetic gate receipts from Shitfields? or the pie money? (not sure they get that anyway).Did not OSB agree that interest is being paid and that investors are being paid? I am sure he did.
The club was going backwards at Highfield road, it is why they had £60m of debt then. The ground was falling apart and could only hold 24,000, which ment they could not compete in the prem. That is why they decided to build a new stadium, but their debt forced the council to bail them out to get the stadium built. Then Higgs had to bail them out as well and then the worse owners ever came in, downhill all the way since. There was no way back to highfield road as they had allready sold it and were paying £1.2m in rent on a 24,000 seat stadium.
They also said they wouldn't sell leon Clarke and CW.
They also said they would invest in the team.
They also said they would liquidate the club in 2012.
They also stated they would be open and transparent with the fans.
They also said they would hold a forum on the accounts and delayed it and meant to be end of July last I heard?
They also said plans were 3 weeks away only over a year ago.
They also said, well see my point. There are many more.
Any I'm missing?
The article hasn't been changed since this afternoon when we added in details of costs and the quotes from the judgment - unless I've missed something!
There was a story earlier in the morning which just talked about leave to appeal being rejected.
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From where?......The pathetic gate receipts from Shitfields? or the pie money? (not sure they get that anyway).
my fav is
"we will leave the club in a better state than we found it"
"refuction", what the hell is that?No from revenue via player sales cup revenue and cost refuction.
The club was going backwards at Highfield road, it is why they had £60m of debt then. The ground was falling apart and could only hold 24,000, which ment they could not compete in the prem. That is why they decided to build a new stadium, but their debt forced the council to bail them out to get the stadium built. Then Higgs had to bail them out as well and then the worse owners ever came in, downhill all the way since. There was no way back to highfield road as they had allready sold it and were paying £1.2m in rent on a 24,000 seat stadium.
They also said they wouldn't sell leon Clarke and CW.
They also said they would invest in the team.
They also said they would liquidate the club in 2012.
They also stated they would be open and transparent with the fans.
They also said they would hold a forum on the accounts and delayed it and meant to be end of July last I heard?
They also said plans were 3 weeks away only over a year ago.
They also said, well see my point. There are many more.
Any I'm missing?
When axactly did they ask for a rent reduction? Post link.
What are their plans for a new stadium? If they are serious about this then surely some plans/site acquisition and permission is in place?
It's called confidentiality and I'm not prepared to break that for you or anyone else for that matter. Very good reasons but as I've previously stated, not rocket science and I'm confident a "short term" deal at the Ricoh is still possible but if I were you I wouldn't hold my breath!
Long term if we are going to exist we have to move and own our own stadium ( no chance of that with the Ricoh ), so onwards & upwards who ever owns the club.
Once again no balance, LC & his agent manipulated his unsuccessful move to Wolves purely for financial gain (can't blame CCFC for that) and if you receive a substantial offer as a club you are obliged to inform the player.
CW is a level headed young man who I'm sure would have preferred to stay BUT he has to think about his family and his long-term future, playing in a higher division and quadrupling his earnings (with advice from his Agent, it's a no brainer).
I could go but am not prepared to waste my time!
Nobodies right here but it's not just one party at fault, many should be hanging their heads in shame, however it's pretty obvious that they don't have any.
Well, what is stopping you from getting on with it?????/It's called confidentiality and I'm not prepared to break that for you or anyone else for that matter. Very good reasons but as I've previously stated, not rocket science and I'm confident a "short term" deal at the Ricoh is still possible but if I were you I wouldn't hold my breath!
Long term if we are going to exist we have to move and own our own stadium ( no chance of that with the Ricoh ), so onwards & upwards who ever owns the club.
Grenadal, please read what i said..that is one season only....how can this be maintained for 15????? please answer
It's called confidentiality and I'm not prepared to break that for you or anyone else for that matter. Very good reasons but as I've previously stated, not rocket science and I'm confident a "short term" deal at the Ricoh is still possible but if I were you I wouldn't hold my breath!
Long term if we are going to exist we have to move and own our own stadium ( no chance of that with the Ricoh ), so onwards & upwards who ever owns the club.
It's called confidentiality and I'm not prepared to break that for you or anyone else for
that matter. Very good reasons but as I've previously stated, not rocket science and I'm confident a "short term" deal at the Ricoh is still possible but if I were you I wouldn't hold my breath!
Long term if we are going to exist we have to move and own our own stadium ( no chance of that with the Ricoh ), so onwards & upwards who ever owns the club.
Lol won't answer anything to do with non transfers.
I will ask again.
Didn't sisu say plans were 3 weeks away over 1 year ago?
Didn't sisu say they would liquidate the club in 2012?
Didn't they say they would hold a forum last month/this month?
Didn't they say they would put on free travel to sixfields?
Well? Tbh I don't want to hear the poo you will come up with.
Probably be like well 3 weeks was delayed because it's sensitive information commercially?
And free travel isn't a legal binding contract?
And they didn't liquidate as they are owed the Ricoh first?
Crazy crazy thoughts.
Tim told us that they would be pulling in 3,000 a week if we were not doing too well.......so where is the problem......hold on......were NOT!!!!!!Indeed as is the notion nopm will work as according to them they need 3,000 fans a week to stay at sixfields.
The club was going backwards at Highfield road, it is why they had £60m of debt then. The ground was falling apart and could only hold 24,000, which ment they could not compete in the prem. That is why they decided to build a new stadium, but their debt forced the council to bail them out to get the stadium built. Then Higgs had to bail them out as well and then the worse owners ever came in, downhill all the way since. There was no way back to highfield road as they had allready sold it and were paying £1.2m in rent on a 24,000 seat stadium.
They also said they wouldn't sell leon Clarke and CW.
They also said they would invest in the team.
They also said they would liquidate the club in 2012.
They also stated they would be open and transparent with the fans.
They also said they would hold a forum on the accounts and delayed it and meant to be end of July last I heard?
They also said plans were 3 weeks away only over a year ago.
They also said, well see my point. There are many more.
Any I'm missing?
Lol won't answer anything to do with non transfers.
I will ask again.
Didn't sisu say plans were 3 weeks away over 1 year ago?
Didn't sisu say they would liquidate the club in 2012?
Didn't they say they would hold a forum last month/this month?
Didn't they say they would put on free travel to sixfields?
Well? Tbh I don't want to hear the poo you will come up with.
Probably be like well 3 weeks was delayed because it's sensitive information commercially?
And free travel isn't a legal binding contract?
And they didn't liquidate as they are owed the Ricoh first?
Crazy crazy thoughts.
The club was going backwards at Highfield road, it is why they had £60m of debt then. The ground was falling apart and could only hold 24,000, which ment they could not compete in the prem. That is why they decided to build a new stadium, but their debt forced the council to bail them out to get the stadium built. Then Higgs had to bail them out as well and then the worse owners ever came in, downhill all the way since. There was no way back to highfield road as they had allready sold it and were paying £1.2m in rent on a 24,000 seat stadium.
They also said they wouldn't sell leon Clarke and CW.
They also said they would invest in the team.
They also said they would liquidate the club in 2012.
They also stated they would be open and transparent with the fans.
They also said they would hold a forum on the accounts and delayed it and meant to be end of July last I heard?
They also said plans were 3 weeks away only over a year ago.
They also said, well see my point. There are many more.
Any I'm missing?
Are you the same RFC that said sisu were right all along and would win the jr?
Are you the same RFC who said the council would do a deal on the steps to the court?
Don't you get it. You are being mugged off.
You are obviously a very smart guy so answer your own questions as it's totally pointless that I attempt to, I REPEAT NOBODIES RIGHT HERE AND CERTAINLY NOT YOU.
It's not just the current owners at fault, name me a good or competent owner over the last 50 or maybe even more years?
CCC's silence has been deafening throughout (apart from their manipulation of ACL) LOL!
Do you and Grendull go to the same make it up as you go along councillor?
The debt in the club is increasing overall, sisu are funding that gap wit h hard cash,the exception being this year as sale of CW and Arsenal receipts have probably funded the running cost this year,
I do not see 15 cqllum wilsons being sold over the next 15 years, all i see is more and more debt. this is not sustainable and sisu know it.
No investor can sustain those losses over that long a period unless they are prepared to lose their money
The club was going backwards at Highfield road, it is why they had £60m of debt then. The ground was falling apart and could only hold 24,000, which ment they could not compete in the prem. That is why they decided to build a new stadium, but their debt forced the council to bail them out to get the stadium built. Then Higgs had to bail them out as well and then the worse owners ever came in, downhill all the way since. There was no way back to highfield road as they had allready sold it and were paying £1.2m in rent on a 24,000 seat stadium.
They also said they wouldn't sell leon Clarke and CW.
They also said they would invest in the team.
They also said they would liquidate the club in 2012.
They also stated they would be open and transparent with the fans.
They also said they would hold a forum on the accounts and delayed it and meant to be end of July last I heard?
They also said plans were 3 weeks away only over a year ago.
They also said, well see my point. There are many more.
Any I'm missing?
You're a prat rfc and have been found to have had no more knowledge than any of us with the jr stuff. What were these big revelations that were supposed to come out?
Three Senior Appeal Court Judges just might be able to sort out the wood from the trees?
On the other hand have you ever heard or known of a Council being deceitful or corrupt in their dealings with COUNCIL TAX PAYERS money? Bailing-out a company that they have a vested interest in with a 43 year loan ( YES 43 YEARS ) to pay off their £14million debt!
Where would you (or I get a 43 year loan ?????????????????????????????)
Yet to hear of a guilty COUNCIL but of course there's a first time for everything!
Three Senior Appeal Court Judges just might be able to sort out the wood from the trees?
On the other hand have you ever heard or known of a Council being deceitful or corrupt in their dealings with COUNCIL TAX PAYERS money? Bailing-out a company that they have a vested interest in with a 43 year loan ( YES 43 YEARS ) to pay off their £14million debt!
Where would you (or I get a 43 year loan ?????????????????????????????)
Yet to hear of a guilty COUNCIL but of course there's a first time for everything!
Three Senior Appeal Court Judges just might be able to sort out the wood from the trees?
On the other hand have you ever heard or known of a Council being deceitful or corrupt in their dealings with COUNCIL TAX PAYERS money? Bailing-out a company that they have a vested interest in with a 43 year loan ( YES 43 YEARS ) to pay off their £14million debt!
Where would you (or I get a 43 year loan ?????????????????????????????)
Yet to hear of a guilty COUNCIL but of course there's a first time for everything!
Three Senior Appeal Court Judges just might be able to sort out the wood from the trees?ointlaugh:
On the other hand have you ever heard or known of a Council being deceitful or corrupt in their dealings with COUNCIL TAX PAYERS money? Bailing-out a company that they have a vested interest in with a 43 year loan ( YES 43 YEARS ) to pay off their £14million debt!
Where would you (or I get a 43 year loan ?????????????????????????????)
Yet to hear of a guilty COUNCIL but of course there's a first time for everything!
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