albatross
Well-Known Member
the attendances
So where is evidence of the majority? The CET comment board?
I meant metaphorically rather than literally. From my understanding wasps can't sell shares in acl without bond holders consent (I think OSB posted something about it) because it impacts on the lease value.The bondholders do not own the ground. The lease was simply used as collateral. And the lease was valued at 45m IIRC, which is utterly laughable.
Would we?And of course if Wasps took us on, we would then own our own ground.
I meant metaphorically rather than literally. From my understanding wasps can't sell shares in acl without bond holders consent (I think OSB posted something about it) because it impacts on the lease value.
Do agree £45m is laughable, either that or the council and higgs massively undersold
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As it would be if wasps had us?What people also forget is that even if SISU managed to get the Ricoh then the club would not have owned it. It would have been held in a separate company much the same was as they had a relationship with ACL , they would always be tenants
As I've already clearly stated, when I win the Euro Millions I will buy the club!!!!There's always some nutter who thinks they can have a go.
Problem is... those nutters will be just that, complete basket cases, fruit loops, mentalists!
As it would be if wasps had us?
Yep probably. Both the rugby and football teams as tenants.
ACL (owners of the Ricoh) are a company with assets that if they chose to the owners could sell on and leave the football club and WASPS as tenants with a new landlord.
One question you also have to ask is at this stage are CCFC £1 disadvantaged by the ownership structure of ACL, given that Mr Fisher is on the public record that they were very happy with the deal that was negotiated to allow the club to return.
I think the Trust have it bang on. SISUs current agenda is totally separate from the business objectives of CCFC which would be to invest and deliver a successful team. For the supporters why else does CCFC exist? For SISU they are a vehicle to distress inline with the court activity in the hope that they win substantial damages.
You have always posted about the need to separate SISU and CCFC but more and more you seem to believe that SISU have the best interests of CCFC at heart. Like the trust I don't believe that they do. They are using the passion and support for CCFC to allow them to limp along build a picture for the court cases. CCFC will not see a penny for that. The club will always be at best break even with them. They will use CCFC to take the money and CCFC will remain limping along in the third tier.
Not being able to get a competitive team until sometime in September looks like it will cost us as much many points as administration, but we still have the debt. Even if we went into admin it is SISU companies that are the biggest creditors so they will call the tune at that point so any potential investor will still have to deal with them.
What ever the Valuation that they have on their books is part of the audited accounts and signed off by the auditors , its not total fantasy but probably right at the top end of what they can say.
With regards to the original sale people forget that independent assessors looked at the value of ACL under a number of different scenarios with CCFC as the main tenant paying the higher rent right through to the Ricoh having no anchor tenant. What WASPS paid for ACL was pretty much in line with that independent evaluation of ACL with no tenant for the Ricoh and a substantial debt.
Once CCFC and WASPS became tenants the valuation was bound to increase.
Never said I support it other than it is the better of the 2 evils as it stands.So lets get this straight Italia not only are our shite owners distressing us, but we are also being distressed by Wasps so they can get their grubby little hands on the club, as in your words its all about the money.
It really shows how shallow you are that you would support someone as bad as our current owners to be our new owners, and what a hypocrite you are that you bad mouth SISU and yet positively fawn over Wasps. They are both evils, in respect of ownership.
just curious ....... if the Trust had or indeed did come out against Wasps would those criticising the Trust currently then give general support to their current statements?
It is so annoying. They have made so many inflammatory statements and have ruffled lots of feathers in the process. The 'batter people in court,' the threatening to move away and them moving away and the 'that ship has sailed,' and Fisher's nonsensical prediction over Sixfields crowds and the constant saying that sites have been identified and getting fans hopes up when there has been no substance to any of their claims.
To be fair to them, they do now seem to have buttoned it a bit and not come out with such rubbish, but they have hardly instilled any trust from anyone in all the time they have been here.
Putting Venus on the board has been a positive move, but we now need more positivity from them and more action.
Yes I agree, not a lot wrong with what they have said. Of course Nick and the other 3 or so stooges inevitably will come rushing to the defence of SISU for some strange reason but there is no denying that they are at the centre of almost every negative aspect to our existence and are very astute at finding a way of blaming everyone else.I think for me it's actually the first time they have taken a strong stance on the future of the club. The previous statements have been completely gutless and sitting on the fence, to be fair it's an emotional statement which captures the feelings of a lot of fans.
We have had enough and need a response not the usual bullshit
Yes I agree, not a lot wrong with what they have said. Of course Nick and the other 3 or so stooges inevitably will come rushing to the defence of SISU for some strange reason but there is no denying that they are at the centre of almost every negative aspect to our existence and are very astute at finding a way of blaming everyone else.
Repeat after me Nick :
SISU and their actions post 2012 particularly have reduced the club to the isolated and demoralised state that it is in now. Of course others have turned against the club but in reality they have turned against SISU primarily because of their litigious actions against local authority and elected individuals.
If you feed the animal you're also feeding the parasite.
Fisher still came out and said that BPA wasn't their only option and that they were looking at a site outside of the city. That was only a few weeks ago. Nothing changes with these people.
Never said I support it other than it is the better of the 2 evils as it stands.
I'm telling you how it might happen.
Sisu need to negotiate to stop it happening which includes dropping court cases and building relationships.
We will be liquidated if they don't do this.
They will never get there money back so why not just cut there losses and sell up for what the clubs worth?
- number of sites already considered, with FL involvement but nothing suitable
- CCC blocking proposed partnership at new site in city that FL liked
- Current landlord not willing to engage in talks
- CCC policy favouring Rugby and swimming
- CCC not dealing with club because of legal matters going on that are not the clubs
- unable to negotiate longer Academy deal because of council connected management company
- a perceived conspiracy against the club
As I've already clearly stated, when I win the Euro Millions I will buy the club!!!!
When did you last hear anything about Court Cases?
There is an appeal somewhere waiting but that is normal practice - if it is allowed to be heard.sometime whenever?
Duggins is saying - drop the legals and the Council will negotiate. Negotiate what?
CCFC have to negotiate matters for CCFC - let those discussions take place and let us see what the Council have to suggest from there side.
If something positive then comes out surely there is a starting point
They haven't turned against SISU, they have turned against the club.
If they had gone into the financial times and said "seppalla is a twat" and absolutely ruined them I doubt anybody would give 2 shits, I certainly wouldn't. Would anybody care if the council destroyed SISU as an entity?
It is the fact that destroying CCFC, doesn't destroy SISU.
That's what tends to get missed.
The only stuff about court cases is coming from everybody but SISU at the minute isn't it?
It is the Council / Wasps / Millerchip that are banging on about it.
Nobody clicks on that Duggins says "drop the legals (and now pay us money you dont legally owe us) and we will help" which implies he has the power to help with things, which then implies he has the power to not help...
But help on what and with whom?
Just out of curiosity - what would you expect him to say? It may even be true!
I would hope he would tell the truth. This time perhaps he is. However his track record is not great with the freedom of information enquiries and statements from neighbouring local councils all contradicting statements he made in the past about identified sites. The fact that the BPA site is definitely out of the question and that no one in really curious about this "other site" says it all. Nobody believes him. Why does he still pedal this stuff? What does he hope to get out of it? Only further confirms people's already negative opinion of him.
Nobody is defending them are they.
If anything, the Trust are openly defending the council by trying to make out things aren't true (that are there in black and white).
What happened last time with the Haskell stuff? Weren't Supporters Direct working with the council's PR company then? It is no co-incidence the statement comes in line with stuff the MPs are going on about.
The thing is, I am all for FOI'ing the shit out of it to prove him wrong like I have said above.
It is just that people like Duggins can sit there and pedal stuff and get away with it, where are the FOI's flying in other directions?
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