PH4 has bid (2 Viewers)

D

Deleted member 5849

Guest
NW-- go and do one, and get back up Fishers' back side

I'd also like to know how saying SISU have failed is being up Fisher's backside.

If that is, God help his enemies!
 

ajsccfc

Well-Known Member
coventry-city-fans-protest-against-owners-sisu-during-the-match-at-the-ricoh-arena-coventry-612682296.jpg

The fella on the left really doesn't like stripy t-shirts.
 

dongonzalos

Well-Known Member
Surely it's not that complicated.
For the club to be for sale the club has to be in administration and Mr Haskell has to speak to the Asministrator.
In order to buy half of ACL Mr Haskell has to talk to the Higgs charity.

Not sure where this why doesn't ACL talk to SISU thing fits in?

If Mr Haskell get CCFC but not half of ACL ( not likely)
He takes over the administrators role and talks to ACL.
 
D

Deleted member 5849

Guest
Surely it's not that complicated.
For the club to be for sale the club has to be in administration and Mr Haskell has to speak to the Asministrator.
In order to buy half of ACL Mr Haskell has to talk to the Higgs charity.

Not sure where this why doesn't ACL talk to SISU thing fits in?

If Mr Haskell get CCFC but not half of ACL ( not likely)
He takes over the administrators role and talks to ACL.

If SISU buy the club they need an agreement with ACL too, so why won't ACL speak to them on that basis? In fact as the major creditors it's in SISU's interests for a deal to be done, so why wouldn't ACL extend the same courtesy to an organisation that has a vested interest in the club, that they have extended to someone who has not.

That is my point, that I don't like politics being played with my football club.

Anyway, I'll shut up now until I can listen again on iplayer:)
 
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Ashdown1

New Member
FL require the club have a place to play for at least the next 10 years. That is the crucial point.
ACL won't negotiate with sisu, they want PH4 to replace sisu.
Sisu want to move away for a while and build a new stadium.
PH4 has tabled a bid for half the ACL and will thereby secure the lease and a venue to play at for at least the next 10 years.

It looks like ACL/PH4 hold the upper hand.

Will be interesting to hear what Appelton recommend.

I told you it was going to be a sunny day tomorrow and its not finished yet !!!:D
 

cloughie

Well-Known Member
If SISU buy the club they need an agreement with ACL too, so why won't ACL speak to them on that basis? In fact as the major creditors it's in SISU's interests for a deal to be done, so why wouldn't ACL extend the same courtesy to an organisation that has a vested interest in the club, that they have extended to someone who has not.

That is my point, that I don;t like politics being played with my football club.

might it not have occurred to you that ACL have had many talks in the past with sisu including having drawn up a terms of agreement of 50% of ownership for sisu , only for sisu not to take it any further.

Also Might ACL be a little reluctant to deal with a company that owed them £1.3 million in rent then went into admin to avoid paying? Why would they be 'fair' to sisu?
 

sky blue john

Well-Known Member
If SISU buy the club they need an agreement with ACL too, so why won't ACL speak to them on that basis? In fact as the major creditors it's in SISU's interests for a deal to be done, so why wouldn't ACL extend the same courtesy to an organisation that has a vested interest in the club, that they have extended to someone who has not.

That is my point, that I don't like politics being played with my football club.

Anyway, I'll shut up now until I can listen again on iplayer:)

You make it sound like Sisu have not been given the opportunity during their how many years tenure ?
 

singers_pore

Well-Known Member
The most important part of JE's comment was:
“Sisu are the biggest creditor so we fully appreciate that Sisu could buy Limited.”

I fully expect SISU to re-purchase Ltd without spending a penny, simply by converting some or all of their secured debt into equity. I would be surprised if PHIV has bid enough to pay off SISU's secured debt, which is what would be needed for PHIV to obtain control of Ltd. There may be some prospect of SISU throwing in the towel if the FL do not agree to a move or if they require SISU to pay a bond for a temporary move. However, there has not been much sign so far of SISU giving up or the FL growing a backbone.

Sorry to p!$$ on everyone's chips.
 

SkyblueBazza

Well-Known Member
If SISU buy the club they need an agreement with ACL too, so why won't ACL speak to them on that basis? In fact as the major creditors it's in SISU's interests for a deal to be done, so why wouldn't ACL extend the same courtesy to an organisation that has a vested interest in the club, that they have extended to someone who has not.

That is my point, that I don't like politics being played with my football club.

Anyway, I'll shut up now until I can listen again on iplayer:)

From ACL perspective - how many times would you let SISU talk about deals with you only to find they are deliberately trying to force you out of business? And then would you afford them a chance to buy-in at what is likely now to be at a knock down price?
The ACL representatives have maybe reached a point where they simply will not deal with SISUs.
 
D

Deleted member 5849

Guest
You make it sound like Sisu have not been given the opportunity during their how many years tenure ?

My point is ACL have said they will only speak to the administrator in dealings about the football club.

This is patently untrue, if they will speak to someone not connected with the football club.

I don't want them putting the failures of the past back at the club anymore then I want the failures of the present there. It's not their place to do so and if they won't extend the same and the club moves out of the city, they had the chance to stop it if they stopped playing silly buggers as much as SISU had.
 
D

Deleted member 5849

Guest
The most important part of JE's comment was:
“Sisu are the biggest creditor so we fully appreciate that Sisu could buy Limited.”

I fully expect SISU to re-purchase Ltd without spending a penny, simply by converting some or all of their secured debt into equity. I would be surprised if PHIV has bid enough to pay off SISU's secured debt, which is what would be needed for PHIV to obtain control of Ltd. There may be some prospect of SISU throwing in the towel if the FL do not agree to a move or if they require SISU to pay a bond for a temporary move. However, there has not been much sign so far of SISU giving up or the FL growing a backbone.

Sorry to p!$$ on everyone's chips.

He gets respect for being straight there, but Rotherham had to pay a bond so I'd expect the same for us.
 

Ashdown1

New Member
My point is ACL have said they will only speak to the administrator in dealings about the football club.

This is patently untrue, if they will speak to someone not connected with the football club.

I don't want them putting the failures of the past back at the club anymore then I want the failures of the present there. It's not their place to do so and if they won't extend the same and the club moves out of the city, they had the chance to stop it if they stopped playing silly buggers as much as SISU had.

More one sided garbage ! They should have thought about that when they decided to try and fuck up the management company. What did they expect !?
 

valiant15

New Member
If SISU buy the club they need an agreement with ACL too, so why won't ACL speak to them on that basis? In fact as the major creditors it's in SISU's interests for a deal to be done, so why wouldn't ACL extend the same courtesy to an organisation that has a vested interest in the club, that they have extended to someone who has not.

That is my point, that I don't like politics being played with my football club.

Anyway, I'll shut up now until I can listen again on iplayer:)

Because sisu are cunts and nobody wants them here. What part of that are you struggling with ffs.
 

Sky Blue Kid

Well-Known Member
Latest from Les Reid.... 2/2 undisputd fact is #ccfc golden share now rests with Football League. Will they have told administratr which co HAD it?& how relevant?
 

torchomatic

Well-Known Member
Stop arguing and point scoring just for today and let's see what happens.

Stop pretending for one minute you are just an impartial supporter, it's just not washing with anyone !
 

Sub

Well-Known Member
on CWR now, creditors report submitted by administrators only creditors can view it, administrator will not talk live on radio, no comment on bid, will not be drawn on which part of the club has golden share in it cwr rang fisher, ACL, no comment form fisher apart from club not for sale, ACL will speak to radio after reading report. appleton talking to the sbt later. Creditors can make report public if they want to.


CWR. will be on iplayer later hopefully


Hope this helps people that cant listen to the radio
 
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D

Deleted member 5849

Guest
on CWR now, creditors report submitted by administrators only creditors can view it, administrator will not talk live on radio, no coment on bid will not be drawn on which part of the club has golden share in it

Fair enough. Fully expect creditors to leak it though.
 

Ashdown1

New Member
If just one small firm is owed a few quid for printing or something they will receive a copy. This will be available very soon !!!
 

Nonleagueherewecome

Well-Known Member
Les Reid has tweeted a report goes to creditors and Companies House today, but it can take 5 days to be published on website. He said Appleton statement due this evening, but he (Reid) hopes to get a story out this afternoon.

So essentially, nothing is going to be revealed today after all? We should have had the date of 21st May circled in our diaries rather than the 16th!
 
D

Deleted member 5849

Guest
So essentially, nothing is going to be revealed today after all? We should have had the date of 21st May circled in our diaries rather than the 16th!

It'll be leaked, mark my words!

Les Reid also tweeting that SISU have put in a bid.
 
D

Deleted member 5849

Guest
If you follow NW threads from the start , and look when he/she started posting... the picture is very clear

Yes, that I'm a city fan that signed up to this board recently because what I really want is snide assumptions I was employed by an investment fund.

Wish I was, I might earn more then.
 

Nonleagueherewecome

Well-Known Member
There are people in the world other than an American property developer and two former directors of the club who failed in their last spells there.

There are people in the world other than an investment fund that failed in their spell here.

I'd like to see what all the options are before backing one so other options are closed off.

Totally agree. We rushed in with SISU, and look how that's worked out. The more people who are interested in bidding for us the better, right?
 

torchomatic

Well-Known Member
And I presume that PH4 will have to be checked out to ensure he does actually have the money. I know he probably has, but due diligence and all that.

It'll be leaked, mark my words!

Les Reid also tweeting that SISU have put in a bid.
 
D

Deleted member 5849

Guest
Totally agree. We rushed in with SISU, and look how that's worked out. The more people who are interested in bidding for us the better, right?

Yup!

The more people who bid for us, the less chance we get shafted from 'the only option' too.
 

ajsccfc

Well-Known Member
If you follow NW threads from the start , and look when he/she started posting... the picture is very clear

The picture appears to be that any voice not toeing the line completely is a secret SISU ninja or somehow not a real supporter. It's a very paranoid picture that helps nobody.

What if SISU did get someone to register and talk them up (which he's not actually doing, but let's ignore that vital nugget for now) - you'd just have people calling the person a dickhead and a bumlicker anyway, so there would be literally no point to it.
 

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