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Council Hearing Match Thread (4 Viewers)

  • Thread starter Nick
  • Start date Feb 29, 2016
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Grendel

Well-Known Member
  • Feb 29, 2016
  • #176
dadgad said:
Sick Boy admits he 'has no idea'. This will not shock many.....

Meanwhile the Law finds in favour of Council who don't like owners of local football club.

Have personal differences soured a favourable outcome for our beloved club?
I'd say definitely. Sisu, always played hardball.
'We batter people in court' mantra.
Who was that supposed to impress???

Probably just Sick boy, and one or two others from the misguided, hard of learning mind set.

Has all this shite affected the club at a critical time, yet again?

Undoubtedly.
Click to expand...

It's nothing to do with the law you clueless imbecile.
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #177
Ian1779 said:
You were hardly as supportive of our temporary move as you are of Wasps permanent move were you??
Click to expand...

You were supportive then of the 'temporary' move ?

Wasps are here to stay so I'll leave you to fight the futile battle against them.
I'll enjoy the experience because I can't effect anything !!
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #178
italiahorse said:
You were supportive then of the 'temporary' move ?

Wasps are here to stay so I'll leave you to fight the futile battle against them.
I'll enjoy the experience because I can't effect anything !!
Click to expand...

I was certainly supportive of breaking the crippling rental agreement. IMO we only ever went to Sixfields due to ACL rejecting the CVA - this spiteful, vindictive action cost the club 10 points before a ball was kicked. Had that not happened we never would have gone.

I went to support the team in the knowledge we would never be in Northampton forever.
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #179
Ian1779 said:
I was certainly supportive of breaking the crippling rental agreement. IMO we only ever went to Sixfields due to ACL rejecting the CVA - this spiteful, vindictive action cost the club 10 points before a ball was kicked. Had that not happened we never would have gone.
Click to expand...

So Sisu would have paid the rent if ACL had accepted the CVA ?
Your in cloud cuckoo land pal.

You got everything you deserve then.
 

Nick

Administrator
  • Feb 29, 2016
  • #180
italiahorse said:
Never had a problem, I just never went.
Nick keeps saying I had a problem and you and others follow like sheep.
Click to expand...
No, people just have eyes and memories
 

lordsummerisle

Well-Known Member
  • Feb 29, 2016
  • #181
skybluetony176 said:
They vote on the big decisions and we vote them in to make the decisions. That's as near as it gets
Click to expand...

Take it you aren't in favour of the EU referendum then?
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #182
italiahorse said:
So Sisu would have paid the rent if ACL had accepted the CVA ?
Your in cloud cuckoo land pal.

You got everything you deserve then.
Click to expand...

Not what I said was it.

If CVA had not been rejected then club would have had the opportunity to get round the table and agree a mutually beneficial deal so that they stayed in Coventry. It may well have been short -term like, not dissimilar to what they agreed at the end of the previous season.

Either way - the money paid at the end of the process was the same amount they would have got if they accepted the CVA. It was totally unnecessary.
 

tisza

Well-Known Member
  • Feb 29, 2016
  • #183
Ian1779 said:
Not what I said was it.

If CVA had not been rejected then club would have had the opportunity to get round the table and agree a mutually beneficial deal so that they stayed in Coventry. It may well have been short -term like, not dissimilar to what they agreed at the end of the previous season.

Either way - the money paid at the end of the process was the same amount they would have got if they accepted the CVA. It was totally unnecessary.
Click to expand...
aren't you blurring the history a bit?
1. wasn't it the football league who subsequentlu made SISU pay what the amounts owed?
2. there couldn't have been discussions at the time due to the outstanding monies?
3. there were major questions at the time (which I haven't seen answered yet) around the movement of assets etc. between the various football companies involved with CCFC?
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #184
tisza said:
aren't you blurring the history a bit?
1. wasn't it the football league who subsequentlu made SISU pay what the amounts owed?
2. there couldn't have been discussions at the time due to the outstanding monies?
3. there were major questions at the time (which I haven't seen answered yet) around the movement of assets etc. between the various football companies involved with CCFC?
Click to expand...

1. Yes the FL insisted that ACL were paid the same amount as part of the agreement to let CCFC play in league.
2. So there couldn't have been discussions but ACL made 'rent offers' prior to the CVA meeting...? (Incidentally they couldn't have been accepted because only offered to club whilst in admin - something FL would not allow club to remain in)
3. ACL's sole responsibility was/is to its shareholders. It's is not the moral bastion that we empower to investigate the ethical practice of a hedge fund. Primary objective was to secure maximum monies for the company. Other motivations should have been irrelevant. In addition if this 'dastardly practice' needed looking at further - where was the official complaint that should have accompanied the CVA rejection?? It either never happened (which would seem strange give the supposed rationale for rejection) or it did happen but we heard nothing about it because nothing untoward was found.
 

skybluetony176

Well-Known Member
  • Feb 29, 2016
  • #185
Ian1779 said:
I was certainly supportive of breaking the crippling rental agreement. IMO we only ever went to Sixfields due to ACL rejecting the CVA - this spiteful, vindictive action cost the club 10 points before a ball was kicked. Had that not happened we never would have gone.

I went to support the team in the knowledge we would never be in Northampton forever.
Click to expand...

What a crock of shit. The rental agreement was broken by the administration process and are we really supposed to believe that a hedge fund is so sensitive that they ran away crying to Northampton because big bad ACL hurt their feelings. Either they're in the wrong business or you're practicing a comedy routine.
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #186
skybluetony176 said:
What a crock of shit. The rental agreement was broken by the administration process and are we really supposed to believe that a hedge fund is so sensitive that they ran away crying to Northampton because big bad ACL hurt their feelings. Either they're in the wrong business or you're practicing a comedy routine.
Click to expand...

What part of in my opinion did you miss?

So in your opinion - if they didn't run away 'crying' why did they go? For the ambience?
 

chiefdave

Well-Known Member
  • Feb 29, 2016
  • #187
skybluetony176 said:
Is that not obvious?

I tell you what. I like my local park, it has a playground for the kids and a nice field to walk the dog round. I'm going to get my local councillor to come round my house and I'm going to offer him a fiver for it. Now do you think I should expect my offer to be discussed in a full council meeting or should I just not pretend to be that stupid. Seriously. What planet are you on.
Click to expand...

And again you twist the narrative to suit. Using your example what if the market value was a fiver and you offered a fiver and got told to get lost.

The simple fact is you have no idea what talks took place, as with all of us you can only guess. The difference is whenever someone suggests a possibility that doesn't fit with your narrative you declare it factually incorrect when you have no way of knowing if it is correct or not.

For all we know Sepalla could have offered Lucas £100m at their meeting. You're already admitted that if that wasn't tabled as a formal offer it wouldn't be put to the council so if Sepalla did make a verbal offer and Lucas told her 'no chance in hell' we wouldn't know about it.
 

chiefdave

Well-Known Member
  • Feb 29, 2016
  • #188
italiahorse said:
Wasps are here to stay
Click to expand...

Actually if you look at Wasps previous moves the move to the Ricoh is following a very familiar path. And as we know both their previous moves saw them later walk away for a perceived better option.
 

skybluetony176

Well-Known Member
  • Feb 29, 2016
  • #189
Ian1779 said:
What part of in my opinion did you miss?

So in your opinion - if they didn't run away 'crying' why did they go? For the ambience?
Click to expand...

Please. You're really not that stupid are you? I thought you was pretending.
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #190
chiefdave said:
Actually if you look at Wasps previous moves the move to the Ricoh is following a very familiar path. And as we know both their previous moves saw them later walk away for a perceived better option.
Click to expand...

It's nothing like it.
They were renting and had no access to incomes.

One day you guys will face reality. Sisu fucked us up for good and we will need to rent off Wasps for the foreseeable future.
 
D

Deleted member 5849

Guest
  • Feb 29, 2016
  • #191
italiahorse said:
It's nothing like it.
They were renting and had no access to incomes.
Click to expand...

So you're saying it's inevitable that any club that rents a stadium will need to bog off to another city...?
 

chiefdave

Well-Known Member
  • Feb 29, 2016
  • #192
italiahorse said:
They were renting and had no access to incomes.
Click to expand...

italiahorse said:
we will need to rent off Wasps for the foreseeable future
Click to expand...

:facepalm:
 

skybluetony176

Well-Known Member
  • Feb 29, 2016
  • #193
chiefdave said:
And again you twist the narrative to suit. Using your example what if the market value was a fiver and you offered a fiver and got told to get lost.

The simple fact is you have no idea what talks took place, as with all of us you can only guess. The difference is whenever someone suggests a possibility that doesn't fit with your narrative you declare it factually incorrect when you have no way of knowing if it is correct or not.

For all we know Sepalla could have offered Lucas £100m at their meeting. You're already admitted that if that wasn't tabled as a formal offer it wouldn't be put to the council so if Sepalla did make a verbal offer and Lucas told her 'no chance in hell' we wouldn't know about it.
Click to expand...

What if the market value was a fiver? Sounds like you're the one changing the narrative Dave not me. "For all we know Sepalla could have offered Lucas £100m at their meeting" you know your scenario was more believable when you suggested the offer was a fiver.

If SISU had have tabled any formal offer we'd have known about it by now.
 

lordsummerisle

Well-Known Member
  • Feb 29, 2016
  • #194
Originally Posted by italiahorse


They were renting and had no access to incomes.


Originally Posted by italiahorse

we will need to rent off Wasps for the foreseeable future
Click to expand...

Six legs good, four legs bad.
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #195
Ian1779 said:
What part of in my opinion did you miss?

So in your opinion - if they didn't run away 'crying' why did they go? For the ambience?
Click to expand...

Err because in their world they were the only people who could rent the arena and by removing CCFC for a while ACL would fold.
By keeping them away even longer the freehold could have become available.
If they had filled Sixfields ( as TF suggested ) it could have worked but they didn't account for fans staying away and ultimately Wasps deciding to move in.
 
D

Deleted member 5849

Guest
  • Feb 29, 2016
  • #196
italiahorse said:
If they had filled Sixfields ( as TF suggested ) it could have worked but they didn't account for fans staying away and ultimately Wasps deciding to move in.
Click to expand...

The thing is, they'd have always accounted for losses to make their play. Ultimately, we were pretty irrelevant in all that.

And even if there was relevance, then the sale of Wilson and a huge Arsenal attendance would have more than covered them.

But... we've been there, done that. Move on, as you might say

(Remind me what this thread was about?)
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #197
lordsummerisle said:
Six legs good, four legs bad.
Click to expand...

No one disagrees that we need access to incomes. Sisu just didn't want to pay for them.
 
D

dadgad

Well-Known Member
  • Feb 29, 2016
  • #198
Grendel said:
It's nothing to do with the law you clueless imbecile.
Click to expand...

What is law if it isn't the logical conclusion of ethics and morality, do you have any brains?
 

Nick

Administrator
  • Feb 29, 2016
  • #199
dadgad said:
What is law if it isn't the logical conclusion of ethics and morality, do you have any brains?
Click to expand...
You can do things that aren't moral or ethical without breaking any laws..
 
D

Deleted member 5849

Guest
  • Feb 29, 2016
  • #200
Oh yeah, council hearing.

Council won, no great shock, especially with home advantage.

Lessons learned? Who knows!
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #201
Ian1779 said:
I was certainly supportive of breaking the crippling rental agreement. IMO we only ever went to Sixfields due to ACL rejecting the CVA - this spiteful, vindictive action cost the club 10 points before a ball was kicked. Had that not happened we never would have gone.

I went to support the team in the knowledge we would never be in Northampton forever.
Click to expand...

What was to stop Sisu buying into ACL at the start and then influence all the rents including CCFC's ?
Even buying the Higgs share back at the agreed price would give them a say on the rent.

Oh yea ... that's what a proper business would do but not a hedge fund.
 

Grendel

Well-Known Member
  • Feb 29, 2016
  • #202
italiahorse said:
What was to stop Sisu buying into ACL at the start and then influence all the rents including CCFC's ?
Even buying the Higgs share back at the agreed price would give them a say on the rent.

Oh yea ... that's what a proper business would do but not a hedge fund.
Click to expand...

Yet only 3 years ago you fully supported their strategy.
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #203
italiahorse said:
Err because in their world they were the only people who could rent the arena and by removing CCFC for a while ACL would fold.
By keeping them away even longer the freehold could have become available.
If they had filled Sixfields ( as TF suggested ) it could have worked but they didn't account for fans staying away and ultimately Wasps deciding to move in.
Click to expand...

They probably didn't account for Wasps you are right. But then who would when the local council went on record countless times claiming how wrong it was for a team to be removed from its home town.

Who knew that whilst the emotional propaganda was being dished out by the council it had secretly begun to begin a process that would sell a home town teams stadium to an out of town franchise.
 

chiefdave

Well-Known Member
  • Feb 29, 2016
  • #204
italiahorse said:
No one disagrees that we need access to incomes. Sisu just didn't want to pay for them.
Click to expand...

To be fair given that they were quoted £24m its not really a surprise they didn't rush to get the chequebook out.
 

Ian1779

Well-Known Member
  • Feb 29, 2016
  • #205
italiahorse said:
What was to stop Sisu buying into ACL at the start and then influence all the rents including CCFC's ?
Even buying the Higgs share back at the agreed price would give them a say on the rent.

Oh yea ... that's what a proper business would do but not a hedge fund.
Click to expand...

In 2007 - yes should have happened. By 2009 I would suggest £24m for the F&B revenues alone would be quite the barrier - a fine calculation by a Mr Gidney IIRC.
 

chiefdave

Well-Known Member
  • Feb 29, 2016
  • #206
italiahorse said:
What was to stop Sisu buying into ACL at the start and then influence all the rents including CCFC's ?
Even buying the Higgs share back at the agreed price would give them a say on the rent.
Click to expand...

Really? Buying Higgs share wouldn't give them a controlling interest in ACL and wouldn't give them any say in decisions such as rent. Sure they could have made a suggestion that the rent be lowered but with no controlling share and a lease in place it wouldn't have given them a strong position to push ACL down that route.

Do you think buying a 50% stake in ACL at £10m was fair to the football club given the price Wasps have purchased 100% for with a 200 year lease extension?
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #207
Grendel said:
Yet only 3 years ago you fully supported their strategy.
Click to expand...

They didn't have one. Still don't.
 

cloughie

Well-Known Member
  • Feb 29, 2016
  • #208
chiefdave said:
Really? Buying Higgs share wouldn't give them a controlling interest in ACL and wouldn't give them any say in decisions such as rent. Sure they could have made a suggestion that the rent be lowered but with no controlling share and a lease in place it wouldn't have given them a strong position to push ACL down that route.

Do you think buying a 50% stake in ACL at £10m was fair to the football club given the price Wasps have purchased 100% for with a 200 year lease extension?
Click to expand...



one might consider that the value was obviously different at that time ie no rent strike and a high rent paid etc
 

Grendel

Well-Known Member
  • Feb 29, 2016
  • #209
Why does anyone bother arguing with Italia and Tony anymore?

Italia is not stupid. He is just an old ham whose making hay while he can.

Tony is stupid but tries to look clever. He reminds me of Nursey in black adder 2. A sad pathetic figure who craves attention.

Best to put them both on ignore.
 

italiahorse

Well-Known Member
  • Feb 29, 2016
  • #210
Grendel said:
Why does anyone bother arguing with Italia and Tony anymore?

Italia is not stupid. He is just an old ham whose making hay while he can.

Tony is stupid but tries to look clever. He reminds me of Nursey in black adder 2. A sad pathetic figure who craves attention.

Best to put them both on ignore.
Click to expand...

This board would grind to a halt.
Other than the mutual back slapping by the hair shirt brigade what else would go on?
 
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