I fear a KEN situation at LEA. And short-term, selfishly, I worry about the person whose job I am doing on a temporary basis until 1st July...I fear that may be it for me then!
YEah same with what I do now there are only two areas. Jumping through hoops again!
we need to remember that any kind of audit or court action will be based solely around what is or isn't legal (if legal is the right term when referring to state aid). As long as SISU have acted legally, even if they have massively bent the rules, they're fine. What's right morally or ethically won't come in to it.
just out of interest when did the chairman of ACL leave ?................. Allvey left end of May 2012 wasnt it? ..... after CCFC stopped paying rent and an apparent meeting about working together to distress ACL in the eyes of Yorkshire Bank
I only ask because the job he went to was as non executive director of ................................Yorkshire Bank................ from August 2012
Just to take it a little further......
Mr Allvey as chairman of aCL would have been aware of (a) the financial state of ACL (b) any collusion to paint a distressed picture to Yorkshire bank. I am not sure he left on the best of terms so doubt he would do ACL any favours. I would also think that if he was aware of any"plan" he may well make his fellow Board members at Yorkshire bank aware of it or at least recommend looking closer due to confidentiality agreements ....... so compromising any notion of settling the loan for 2m to 5m....... he has a duty to act in the best interests of Yorkshire Bank after all doesn't he from August 2012 onwards :thinking about:
not to mention the two firms of accountants that were arguing about how long ACL could remain viable ........
but of course SISU could be entirely right in their assertions...........
I think you are looking at it from a different way to me.The plan capsized at some point, and it could seem the former ACL chairman did it.
A pity actually, if he hadn't ACL would have cut their debts considerably more than now, Higgs would have sold their shares at the price they want and the club would pay a low rent, have access to all arena income streams, own 50% of ACL, still have Robins as manager and we could all be talking about the upcoming playoff matches.
I think you are looking at it from a different way to me.
Yeah 2 into 3 doesn't go, does is? Ultimately we're all toast thanks to the Integrated Vision though. Thought this for a long time, KEN just confirmed it. Plus all those free staff they're recruiting...
The plan capsized at some point, and it could seem the former ACL chairman did it.
A pity actually, if he hadn't ACL would have cut their debts considerably more than now, Higgs would have sold their shares at the price they want and the club would pay a low rent, have access to all arena income streams, own 50% of ACL, still have Robins as manager and we could all be talking about the upcoming playoff matches.
Just to take it a little further......
Mr Allvey as chairman of aCL would have been aware of (a) the financial state of ACL (b) any collusion to paint a distressed picture to Yorkshire bank. I am not sure he left on the best of terms so doubt he would do ACL any favours. I would also think that if he was aware of any"plan" he may well make his fellow Board members at Yorkshire bank aware of it or at least recommend looking closer due to confidentiality agreements ....... so compromising any notion of settling the loan for 2m to 5m....... he has a duty to act in the best interests of Yorkshire Bank after all doesn't he from August 2012 onwards :thinking about:
not to mention the two firms of accountants that were arguing about how long ACL could remain viable ........
but of course SISU could be entirely right in their assertions...........
:thinking about:
Unlike the published rants of PWKH or the ACL propaganda issued by London PR firm Webber Shandwick?
All sides have put forward their own views at various stages and all have been reported.
Hav'nt read the Entire thread so forgive but i'm getting the drift that one party was trying to persuade another party to Act in a Fruadulant mannner ,now thats illegal is'nt it ,couldit possibly be true.
Furthermore this out there far fetched assertion seems far too incredible to hook a Judge .Surely a more plausible basis of complaint would be that CCC/ACL/HOFF ELLIOT Haskel have all been plotting to cut SISU out of the equation.:thinking about:
According to the documents filed at the court, sisu claim they were planning it together. As sisu have 'some' experience with how the court works I would think they have some evidence to back their claim.
Would it be fruadulent? I don't think it would, but I am no expert in criminal law. Maybe a lawyer on here could give his opinion? Surely sisu would know, and if it was criminal why tell the court?
If there is any basis in truth here Godiva Its all round appalling ,surely it could be ajudged as an attempt to defruad Yorkshire Bank.
I fail to see why it couldn't be true - filing claims to the courts are not childsplay. It is serious. If they can present enough evidence to convince a judge is another matter.
As I said I am no expert in criminal law, but I don't think it is fraud. Why would they publicise it if they thought it was? I mean, if the judge don't agree that CCC/ACL were involved they would risk standing alone to face the consequences.
See what I mean?
I fail to see why it couldn't be true - filing claims to the courts are not childsplay. It is serious. If they can present enough evidence to convince a judge is another matter.
As I said I am no expert in criminal law, but I don't think it is fraud. Why would they publicise it if they thought it was? I mean, if the judge don't agree that CCC/ACL were involved they would risk standing alone to face the consequences.
See what I mean?
I can't see how it can be true. It sounds like complete and under bullcrap. There's a zillion reason's why.
Another SISU employee makes his debut..
Not doing ACL any favours is probably why the council had to pay £14million for the loan.
and if that is the real reason they paid £14 million then the sisu case is lost as they are claiming the council paid over the odds to buy the mortgage
I know, it's hard to believe.
If this is true it would suggest why negotiations on lower rent etc dragged on when they seemed extremly close to an agreement - the agreement shouldn't happen until sisu had bought the mortgage.
It could also suggest that all the public bickering was made up to give the impression of two parties that would never agree a deal.
And all the rubbish about moving away and build a new stadium was more pretense to put pressure on Yorkshire Bank.
But as OSB said, when the ACL chairman resigned and got a position at Yorkshire Bank the plan capsized.
What I really want to know is: How good friends are they today? Have they produced a plan B and excercising it right now?
This actually makes me laugh, especially the bit when all those who were adament it is and was 1000% SISU fault attempt to pathetically back pedal on some statements made on this forum.
There are a few on here that have said all along that ACL and CCC have an element of blame and the truth will come out . The same people also recognised that SISU are also to blame but instead of bleating they looked at the whole picture.
What ACL, Higgs or CCC may or may not have done is totally irrelevant to the fact that I believe SISU have been and are and will continue to be a disaster for our club and need to go as quickly as possible.
Bizarre from somebody who was a fully paid-up Sisu supporter on GMK.
More reinventions than David Bowie in here.
You won't get me on that score, which is why I get annoyed when you try to create the impression that it's the case for everyone who's opposed to SISU! But I do like Bowie. Who doesn't?
Having just re-watched Michael Clayton, can I propose Tilda Swinton to play Joy in SISU: The Movie? Clayton's line to her at the end was very appropriate: "For such a smart person, you really are lost, aren't you?"
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