300k backdated, ACL should write the other 1m off, and CCFC get 100% of revenue streams. If that was put on the table, and it was rejected, my stance would become untenable. If they get cheaper than that, then fair fecking play!
I think it's time for ACL to no longer rely on CCFC, and CCFC to able to start standing on its own 2 feet.[
How can ACL not rely on CCFC, it has a valid contract. CCFC under the current regime cannot stand on it's own 2 feet because it loses money. Don't understand your stance becoming untenable? What do you mean?
I am sure ACL will write off £1m of a debt that the courts have agreed is valid.
300k backdated, ACL should write the other 1m off, and CCFC get 100% of revenue streams. If that was put on the table, and it was rejected, my stance would become untenable. If they get cheaper than that, then fair fecking play!
I think it's time for ACL to no longer rely on CCFC, and CCFC to able to start standing on its own 2 feet.[
How can ACL not rely on CCFC, it has a valid contract. CCFC under the current regime cannot stand on it's own 2 feet because it loses money. Don't understand your stance becoming untenable? What do you mean?
What I'm saying is, ACL rely too heavily on CCFC to run as an efficient, competitive business, CCFC can't stand up on it's own 2 feet because we have to pay 1.28m in rent a year, AS WELL AS, getting nothing from the revenue streams, so we've lost out on about 1.5m a year minimum (possibly peaking at 1.8-1.9m when we got good gates) since the RICOH has been open.
By untenable? I'm saying if that offer (the one I said) got turned down, I could not defend myself, SISU or CCFC if we turned that down.
Seperation of businesses which de-risks the operation, if one part goes down then the other survives.
Though their co-existance in the Arena means they should be helping each other, trouble is they are antagonistic.
Whatever do you understand the rate rebate if 150k to mean?
Genuinely am I missing the point I understand a rebate to be a rebate. Like a tax rebate. Which to me leaves 250 a month.
Then I understand for it to come down to 150k is the further 100k from catering. SISU were allowed acces to the books to confirm this figure.
Yes you are correct - the other arguments are pedantic.
Like you say if you had a Tax bill off £400k and a rebate of £150K then you pay £250K because that is the bill - the amount you owe.
The top line figure is not relevant it is the amount you pay that is the bill.
You can call the £150K rebate a rebate, a discount or anything you like - the fact is it still knocks £150K off your total bill and does not need to be paid - so all this about the actual rent being £400K is pedantic and misleading.
One final point - if you are in a position to recieve £400K tax bills - will you be my friend?
I think unfortunately for Grendel when the tax man does come knocking with a rebate.
He will totally ignore them as if they don't exist, as to get the rebate wouldn't fit in with his argument that his tax bill is too high.