footyfrenzy
Well-Known Member
yes
Football league meeting today? (3 Viewers)
- Thread starter Sky Blue Pete
- Start date
chiefdave
Well-Known Member
what was the p in the £ offer in the CVA? it could be that they have taken the £300K paid to ACL off the amount owed prior to the p in the £ offer and then worked from there which is what Appleton should have done.
Doesn't this now leave GR and MM a route to claim the money back off SISU, no doubt via the courts?
Doesn't this now leave GR and MM a route to claim the money back off SISU, no doubt via the courts?
exhallskyblue
Well-Known Member
so what does this mean? any closer for a ricoh return?
chiefdave
Well-Known Member
Now we need it paid ASAP to remove one block to talks. Lets hope the money doesn't suddenly disappear out of escrow before it reaches ACL. Just need SISU to say there won't be any appeal and everyone can start talking again. I suppose its too much to hope that common sense prevails.
hill83
Well-Known Member
Closer in the sense that if we ever do return, we are closer now than when I started typing this sentence.
BackRoomRummermill
Well-Known Member
Why would the money dissapear from a third party account not controlled by SISU or ACL ?
Grendel
Well-Known Member
No - the reduction has nothing to do with their contribution it's to do with additional incurred costs.
chiefdave
Well-Known Member
There was doubt who actually had control over the money wasn't there?
If its in escrow controlled by the FL and ready to go why isn't the FL just paying it today rather than stating SISU must pay it by next Thursday?
BackRoomRummermill
Well-Known Member
The trouble with this FORUM people completely make things up based on half of the information
skybluetony176
Well-Known Member
Having read that the figures do actually seem to make sense. Let's hope it gets paid by the deadline of the 14/08/2014 and we can move onwards and upwards. About 35 miles upwards.
covmark
Well-Known Member
No, let's hope it gets paid today!
hill83
Well-Known Member
Surely if it's based on half of the information it's half made up? So it's looks as though you have just totally made something up yourself.
Ironic.
BackRoomRummermill
Well-Known Member
Surely if it's based on half of the information it's half made up? So it's looks as though you have just totally made something up yourself.
Ironic.
I would say 25% !
duffer
Well-Known Member
So basically then, unless I've misread the FL statement, the 'guarantor' payments are irrelevant to what ACL should receive, but the additional costs of the adminstration mean that ACL are now only entitled to £471k, rather than £598k.
I think the good news is that this at least gets rid of this issue, it seems like the club have accepted it, and I can't see how ACL could appeal the decision if they wanted to.
The bad news is that Fisher, in the club statement, is still banging on about FFP and match day revenues. This shouldn't be a stumbling block to negotiating a short-term deal unless SISU are really just using it as an excuse to continue to hold out at Sixfields (presumably to further distress ACL).
Even without match-day revenue, ticket income at the Ricoh will dwarf what comes into the club from Sixfields. That will help us enormously with FFP.
C'mon Mr Fisher - let's get the short-term deal sorted, and then arm-wrestle regarding the tricky stuff. If it's really about what's best for the club, that's the only thing that makes sense.
I think the good news is that this at least gets rid of this issue, it seems like the club have accepted it, and I can't see how ACL could appeal the decision if they wanted to.
The bad news is that Fisher, in the club statement, is still banging on about FFP and match day revenues. This shouldn't be a stumbling block to negotiating a short-term deal unless SISU are really just using it as an excuse to continue to hold out at Sixfields (presumably to further distress ACL).
Even without match-day revenue, ticket income at the Ricoh will dwarf what comes into the club from Sixfields. That will help us enormously with FFP.
C'mon Mr Fisher - let's get the short-term deal sorted, and then arm-wrestle regarding the tricky stuff. If it's really about what's best for the club, that's the only thing that makes sense.
skybluetony176
Well-Known Member
That would be helpful. As a larger amount is supposed to be resting in an escrow account awaiting this decision you would think that it shouldn't be a problem. But then again SISU can't be held responsible for how the banking system works
Hobo
Well-Known Member
Except for the statement released by the FL this morning Grendel. Another one of your half wit opinions.
olderskyblue
Well-Known Member
Not the "Coventry area"... interesting...