bigfatronssba
Well-Known Member
The commercial side of them figures still goes to the club, nothing at all to do with the council.
Considering the commercial side is only there as there is a football stadium this proves how greedy and disgusting the council are.
New deal IS being worked on. Council facing massive pay out if Sisu win court case, so secret talks going on to resolve all issues.
Would have to pay damages to CCFC (well, Sisu) apparently.
The commercial side of them figures still goes to the club, nothing at all to do with the council.
Would have to pay damages to CCFC (well, Sisu) apparently.
I assumed the commercial side was the revenues from all other non football related incomes. Is that attendance revenue? What is the ACL revenues then?
<br />For what? What have they lost you clown.
There are a number of elements to this, including what Sisu are implying job their judicial review application, that their options to buy the Higgs 50% was effectively removed by the Council's £14 million rescue deal for ACL. Also that the Council acted well before that in a way that is seriously open to question.
I don't see how they can ask the council for damages over an agreement they had with the Higgs Trust. AFAIK the judicial review is solely to determine whether the council acted within their rights to buy the share.
Even if the council aren't allowed to go ahead with the transaction, I'd still question :
a) who holds the option to buy the 50% - if it's ccfc ltd, then has it lapsed with administration?
b) does the option preclude HT from selling it to another party any time they like?
c) does the council have the right to veto the potential co-owners?
I don't see how they can ask the council for damages over an agreement they had with the Higgs Trust. AFAIK the judicial review is solely to determine whether the council acted within their rights to buy the share.
Even if the council aren't allowed to go ahead with the transaction, I'd still question :
a) who holds the option to buy the 50% - if it's ccfc ltd, then has it lapsed with administration?
b) does the option preclude HT from selling it to another party any time they like?
c) does the council have the right to veto the potential co-owners?
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No need to be abusive. I am simply passing on what I have been told by a very reliable source. There are a number of elements to this, including what Sisu are implying job their judicial review application, that their options to buy the Higgs 50% was effectively removed by the Council's £14 million rescue deal for ACL. Also that the Council acted well before that in a way that is seriously open to question.
I want to see what Les Reid reports tomorrow. I think (I hope!) that will tell us all much more.
If a stadium was ever built they wouldn't pay for it. Revenue on food and drink averaged about £850,000 a year I believe from memory. 60% of that is worth a lot of wages in this league.[/QUOT
If I was in charge there wouldn't be much left for wages after deducting my management fees:thinking about:
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