'Sometime in the future'..................and thereby forms a huge part of SISU's strategy. It's a war of attrition they are creating in the hope that one side crumbles and gives in !
Yes, to which we replied that we were talking about the whole article not just one pararaph. Some bits are very true but others might not be.
Well I think they'll be waiting a while. Nearly two years since acl last had a rental payment, yet they seem to be getting along ok.
Yeah, It's almost like they didn't need the money really.
Nick, covmark, robbo.
After your comments today, I trust you will be after Led Reids blood next time he produces a one sided and inaccurate article?
Nick, covmark, robbo.
After your comments today, I trust you will be after Led Reids blood next time he produces a one sided and inaccurate article?
A question that I have posed a number of times, but have yet to receive an answer -
If SISU believe that the 32,000 seater Ricoh is not worth very much - the article suggests ML sees the value at circa £4m - why would they ever consider building a much smaller stadium for a cost of around £25m?
A question that I have posed a number of times, but have yet to receive an answer -
If SISU believe that the 32,000 seater Ricoh is not worth very much - the article suggests ML sees the value at circa £4m - why would they ever consider building a much smaller stadium for a cost of around £25m?
I see the sisu rent boys are out again.
I see the sisu rent boys are out again.
Obviously the Council don't believe that £4m is a good enough value for the Freehold, the only reason they would consider it I would imagine is because the council's valuation is more than the £25m they are willing to pay out for a new stadium that they'd build themselves.
Given that after all associated expense re. Site. The actual cost of Stadium construction would come in circa£40M. The sale of the ground only could fall somewhere between £30-40M with a little good will
That way Sisu would have something Tangible for the amount blown on HF2 while potentially retaining some form of fanbase
Personally I'd rather see the fans own It for future security
Hard pressed to think of a better report on ccfc - http://www.theguardian.com/football...owners-northampton-league-one-sisu?CMP=twt_gu
Extremely accurateExtremely one sided, could've.been written by one of the sisu bashers on here.
Given that after all associated expense re. Site. The actual cost of Stadium construction would come in circa£40M. The sale of the ground only could fall somewhere between £30-40M with a little good will
That way Sisu would have something Tangible for the amount blown on HF2 while potentially retaining some form of fanbase
Personally I'd rather see the fans own It for future security
Here he is. How is your first day of your week off?
Ive been sobering up after last night, on it again now though
I was gonna message you and ask if you fancied a few in the city arms but i don't think you'd keep up mate :-D
Lets be clear that CCFC were repaid all but 308k of their net investment in the Arena project. In being so paid they deposited not only the monies spent and shown as assets but also all the associated debts into the arena project. If this had not happened then we would not be having this conversation because the club would have been liquidated in all likelyhood. Considering the distressed state of CCFC at the time they did well not to lose far more than £308k on the deal that was done 19/12/03
CCFC H Ltd had the option to purchase the site of the stadium and never exercised that option (it lapsed before 31/05/02). CCFC at no time ever owned the site. The council acquired the title to the site after the CCFC option on it failed. CCFC didnt have the money to purchase it.
Having gained the title to the site the council sold part of it to Tesco. They could only do that because they had title to it. Therefore any profit or funds from the deal belonged legitimately to CCC. Those funds were then invested in the build, together with £10m of council money and various grants etc. put the initial CCC investment at over 70m (nearly 80m when you factor in the interest received that was involved and the contribution recieved from selling rights to the casino build)
Talk that the council paid £10m are wrong or that there should be some inclusion of CCFC's contribution, the most it could have been was 308k
Talk of 4m for the site frankly looks a little silly ..........
can you stop reporting facts please OSB, you're making some people look silly.
when you've removed yourself from osb's arse maybe you'd like to post some of your own facts.can you stop reporting facts please OSB, you're making some people look silly.
An interesting follow up by David Conn that reiterates his claim about the rent free offer:
"Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free."
Don't try and join in with OSB just to make yourself look clever. You're fooling no one. (wink etc)
We'll have a beer one day. I reckon you'd be a good laugh on the sesh.There's a good chance I'll be in there later actually.
would love to see how Fisher, Labovitch, Seppala etc explain that away.............. and how staying at Sixfields makes clear sense for CCFC in those circumstances
Also interested to know how the FL see things following that ............
An interesting follow up by David Conn that reiterates his claim about the rent free offer:
"Thanks for the kind words Houch87. However, on your list of points, where you say ACL never offered a rent-free deal; they have within the last few weeks, an offer made and communicated via the Football League which was trying to see if a deal could be done. Sisu rejected that offer, to return the club to the Ricoh Arena rent-free."
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