skybluetony176
Well-Known Member
Again
If you really believe that dont you think it's time you put your grudge towards all things CCC to one side and started poring that scorn on the party that is destroying the club you apparently love from within?
I agree but the strategy is pretty transparent.
Look at the ACL level of business - it has declined. The actual arena hosts far less events than it did when the club was there. The sponsor may not renew. From sisus stance the conclusion they have drawn is obviously that the lack of club or continued litigation is causing problems. Either way the tactic will not change.
The suggestion that they are on the ropes is ludicrous. A lot seems to be based on fishers assertion that they needed 3,000 fans. Really? Fisher says a lot of things. The club is as financially stable on a day to day basis as it has been since they took over. Investors are getting a return from interest payments. Debt restructuring means court fees are no concern. It's seen as a legitimate charge to a long term aim.
The appeals will fail but they will still appeal - why if they think they can win - does anyone think they will win? Have the costs been determined yet? I'm sure an appeal is on the cards there as well.
The attrition carries on.
Again
If you really believe that dont you think it's time you put your grudge towards all things CCC to one side and started poring that scorn on the party that is destroying the club you apparently love from within?
I agree but the strategy is pretty transparent.
Look at the ACL level of business - it has declined. The actual arena hosts far less events than it did when the club was there. The sponsor may not renew. From sisus stance the conclusion they have drawn is obviously that the lack of club or continued litigation is causing problems. Either way the tactic will not change.
The suggestion that they are on the ropes is ludicrous. A lot seems to be based on fishers assertion that they needed 3,000 fans. Really? Fisher says a lot of things. The club is as financially stable on a day to day basis as it has been since they took over. Investors are getting a return from interest payments. Debt restructuring means court fees are no concern. It's seen as a legitimate charge to a long term aim.
The appeals will fail but they will still appeal - why if they think they can win - does anyone think they will win? Have the costs been determined yet? I'm sure an appeal is on the cards there as well.
The attrition carries on.
I don't have a grudge. I entirely blame them for the total lack of support they gave the club.
They have never seen the benefits a successful football club can bring to the community and never embraced it. The whole business model was doomed to abject failure. To compete in the championship you had to spend 80% of turnover on wages. The "deal" killed the club.
The club has zero future anyway unless it has a stake in the stadium. As a business asset it's worthless. Irony is if we got that sisu would be off.
I feel a "what have the romans ever done for us thread coming on"
So they never gave the club 50% of ACL?
OK Grendel shall we look at it the way you would if you were in ACL's position?
You tell us that you do the deals for who you work for. Would you be happy to do a deal with someone that hasn't paid you for nearly two years and has brought litigation against you and continues with it after being told by the legal system how wrong they are to bring such action and cost your company about 500k or more in doing so? If you had to deal with them for some reason wouldn't you want the fruitless appeals to stop first or would you be happy to deal with them whatever they did?
Simon Gilbert @TheSimonGilbert 1m More
BREAKING: Judge awards council's costs against Sisu. £250k to be paid in 14 days. Could be up to £580k. More to follow @covtelegraph
Can Sisu appeal against the costs decision?
Would be nice for you to reply to this post Grendel considering you expect ACL to have talks without SISU stopping the fruitless litigation.
They set up a business model doomed for failure. The club has gone backwards ever since we entered the Ricoh arena. I wish I'd never set eyes on it. Whatever spin you put on it the losses have escalated the misery has been progressively worse and not once have they helped.
Oh that's a load of nonsense, people do business with people they hate all the time. You only have to look at Northern Ireland for that.
I don't have a grudge. I entirely blame them for the total lack of support they gave the club.
They have never seen the benefits a successful football club can bring to the community and never embraced it. The whole business model was doomed to abject failure. To compete in the championship you had to spend 80% of turnover on wages. The "deal" killed the club.
The club has zero future anyway unless it has a stake in the stadium. As a business asset it's worthless. Irony is if we got that sisu would be off.
Simon Gilbert @TheSimonGilbert 1m More
BREAKING: Judge awards council's costs against Sisu. £250k to be paid in 14 days. Could be up to £580k. More to follow @covtelegraph
awaits the "we haver put a sizeable amount of money in an account and we are disputing the figure"
Oh that's a load of nonsense, people do business with people they hate all the time. You only have to look at Northern Ireland for that.
Corrected that for you.The club has zero future anyway unless it has a stake in the stadium. As a business asset it's worthless. Irony is if SISU got that sisu would be off.
Oh that's a load of nonsense, people do business with people they hate all the time. You only have to look at Northern Ireland for that.
so "up to £580k" council costs and they had 2 barristers ?
Didn't SISU have something like 9 to also pay ?
Far from an exact science obviously, but would that mean that case will have cost at least £2.5 million to SISU ?
I suspect you are as wide of the mark as is possible.
In 21 days they will lodge an appeal and failing that will go to the Supreme Court.
When that fails its an appeal to the European Commission.
Its pre-planned trench warfare and its going to be very long and drawn out.
By the time all the appeals are over how many times could they have purchased the higgs share for the £5.5M they would have accepted for it?
Remember, they dont actually want to win any of these appeals (grendull said so, so its as good as a fact) so they'll never get their costs back.
By the time all the appeals are over how many times could they have purchased the higgs share for the £5.5M they would have accepted for it?
Remember, they dont actually want to win any of these appeals (grendull said so, so its as good as a fact) so they'll never get their costs back.
Interesting point actually. I wonder how much moving to sixfields, and the court cases distressing ACL have cost them, against just purchasing the higgs share for £5.5 million. Inflated price or not, I definitely think I know which would have been the better option.
...and the FL, inept as they are, must surely eventually tire at the continued failure to show progress at building a new stadium. There's a million-pound bond and a golden share riding on their ability to keep that bluff running.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?