No one liquidates through spite - absurd Also this bit about not owning the Ricoh - id ask OSB if that is commercially sensible if I were you.[/QUOTE said:They do liquidate because a company is losing several million pounds each year though. And after all, you keep telling us that there are no serious buyers out there.
Possible, win win? The jury is out.
They do liquidate because a company is losing several million pounds each year though. And after all, you keep telling us that there are no serious buyers out there.
None that would rent from the council that's for sure.
When would the deadline be for SISU to pull out of the JR ? Is it too late for that?
Not suggesting they would, I just wondered...
And how does the stance of "don't let sisu get the Ricoh for cheap" help the club?
None that would rent from the council that's for sure.
Grendulls "fact" of the day, people.
But in both those cases sisu didn't batter anyone in court.
Sisu have now been beaten by both ACL and CCC in court, and failed to beat the Higgs.
Not my boysDidn't ACL lose?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Didn't ACL lose?
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
No one liquidates through spite - absurd
Also this bit about not owning the Ricoh - id ask OSB if that is commercially sensible if I were you.
And as usual you only read what you want to or what goes best with some kind of point you are trying to put together. So now I said that they will liquidate our club I suppose.
Liquidation is still a possibility though. They have threatened to liquidate our club for over two years. So if no bidder comes forward for our club that is willing to pay as much as liquidating our club and they don't want to rent the Ricoh, build a stadium and don't want to keep loaning our club money what do you say they would do? Like I said I don't think it will happen, but with seeing the way they do things it wouldn't be a shock.
You mean with the admin process? I didn't think ACL had been in court yet, though frankly I'm losing track of court cases, we have more of those than matches these days.
Feel free to correct me if i am wrong, but aren't CCC charging ACL more interest than than they are paying ?
Sick Boy, on the contrary, because of Sisu we DON'T have the kind of club we deserve.
No one at all would be celebrating if CCFC went . After your secret meeting with Labovich , do you think they will play their last spiteful card if the JR doesn't go their way and liquidate CCFC along with all their debts OR put it up for sale and try to at least get something back...
ACL have taken SISU to court twice over rent arrears and won on both occasions.
I think the point is that the case is about the procedures undertaken by CCC regarding the loan to ACL.
So not really to do with CCFC as such. Any contact was between SISU and CCC so SISU would already have title to their side of the documents.
The costs. These must be mounting up. 8 barristers and lawyers for the Higgs case 5 for this today, time and cost of putting a 110 page statement together with 2500 supporting documents, a detailed experts report on the ACL loan deal........ and we haven't got to the main event yet.
I know things are never clear cut in putting things to a court but their counter claim dismissed as no basis in law, a lengthy & costly statement dismissed, an experts report stated as not relevant ............. does make you wonder as to what they are doing and the advice they are getting
It wasn't really a case of winners or losers as such today ....... it was a process to go through that is quite normal usually.....but it does come across as a miscalculation by SISU though
ps Simon could have put SISU QC on twitter stupot would have been more accurate
I would be interested to understand the total costs involved for all the areas you outlined and include the costs involved in the rent dispute, administration of CCFC and CCFC H, etc.
I expect these costs to be significant and the club could have simply purchased half of ACL for £6.5 million. This choice would have led to no points deductions, no transfer embargos, no loss of fans, higher income and maybe even a promotion to a higher league!
They're backed into a corner now. It reminds me of the teenagers I work with, keep pushing and they fight harder and harder not to lose face. Give them some time on their own, out of the spotlight and they usually see the error of their ways and calm down.
You mean with the admin process? I didn't think ACL had been in court yet, though frankly I'm losing track of court cases, we have more of those than matches these days.
Or you could speak to their parents, in this case the investors.
Misread it, though he's said Higgs.
Re: Admin process, no one won that one
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Misread it, though he's said Higgs.
Re: Admin process, no one won that one
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I would be interested to understand the total costs involved for all the areas you outlined and include the costs involved in the rent dispute, administration of CCFC and CCFC H, etc.
I expect these costs to be significant and the club could have simply purchased half of ACL for £6.5 million. This choice would have led to no points deductions, no transfer embargos, no loss of fans, higher income and maybe even a promotion to a higher league!
So JS wrote a 100 page statement.....
And how does the stance of "don't let sisu get the Ricoh for cheap" help the club?
Am I imagining it or was it not 4.5 million?
You are correct it was not £4.5 million.
Are we talking about the "formula" price, or the deal Sisu walked away from?
Because on five years form if SISU did get the Ricoh on the cheap there is no evidence it would benefit the club anyway. That is the point! People do not trust SISU because of the way they, no one else has handled things.
I think the point is that the case is about the procedures undertaken by CCC regarding the loan to ACL.
So not really to do with CCFC as such. Any contact was between SISU and CCC so SISU would already have title to their side of the documents.
The costs. These must be mounting up. 8 barristers and lawyers for the Higgs case 5 for this today, time and cost of putting a 110 page statement together with 2500 supporting documents, a detailed experts report on the ACL loan deal........ and we haven't got to the main event yet.
I know things are never clear cut in putting things to a court but their counter claim dismissed as no basis in law, a lengthy & costly statement dismissed, an experts report stated as not relevant ............. does make you wonder as to what they are doing and the advice they are getting
It wasn't really a case of winners or losers as such today ....... it was a process to go through that is quite normal usually.....but it does come across as a miscalculation by SISU though
ps Simon could have put SISU QC on twitter stupot would have been more accurate
So that's what she's been doing since 2007........
And escaped the photographers. How does she do it?
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