Yes you are right I have seen that a few times
Unfortunately he is taking them into account alright but not quite as people expected
ACL have budged big time-if he were a man of his word he'd budge the £100k or so needed to bridge the gap.
What about the small matter of the money outstanding?
Guess Fisher shouldn't have withheld it. There was also a very generous repayment plan for that I believe.
I don't see why he should pay it and clearly neither does he.
Because he's contractually obliged.
However of the rent is restructured it has to be from the beginning of this season doesn't it? They paid up to then didn't they?
Just out of interest aren't Northampton seeking planning permission to expand their ground?Can you think of another venue that can do concerts, and have an exhibition hall and casino? Is there anything else quite like the Ricoh per se?!? Especially immediately adjacent to a motorway?
Besides, would it need a permanent tenant?
Let me expand on the above. We've seen matches at the Ricoh, such as Cardiff Blues against Northampton Saints, or Saracens against Munster that have drawn big crowds - the latter being over 28K for example. In fact so much hospitality was needed, the exhibition hall had to be opened to accommodate eaters/drinkers. Now look at what Harlequins are doing with their 'Big Games' Over Christmas, they moved to Twickers for the London Irish game, and sold out 82,000. Their 'normal' gates are closer to 14K as that's the stadium capacity.
Think about Northampton - just down the road. Still a top half Premiership rugby team. What if they played all of their Premiership games at Franklin Gardens, at 13.5K capacity, but played one or two 'big games' at a re-branded Ricoh a season? Let's say the Leicester Tigers game, as an example. And what if they played their Heineken Cup (European) games at the Ricoh?
I'm sorry old boy, I then see 6 to 8 gates of 25K+ a season at the 'Home of Northampton Rugby'. Doesn't sound nice, does it?
However, it could be closer to financial reality if ACL's claims are true
BSB...
It seems Grendel conveniently didn't respond to your last post. Oh Grendel...next time you speak to Fisher, tell him he owes the "Escrow Fund" 500k too. thanks old chap!
Just out of interest aren't Northampton seeking planning permission to expand their ground?
Rent was started being witheld March/April, and when you get the chance Grendel...Tell Fisher he owes 500k to the "Escrow Account" too.(Money SISU never contributed to)
Grendel, yes, they are.
See your stalker is back :facepalm:
I fail to see why they should pay that money into the account. I would think the biggest issue regarding rent is the back payment. Sisu will not commit to it. Lets face it if the landlord admits to over charging 300% you are not going to pay any arrears out at the old level are you.
Read it slowly, read it twice if you have to then it makes sense - yes?
See your stalker is back :facepalm:
Because it's contractually obliged, as I so often keep saying.
Contracts are there to be broken - such is life.
I'm sorry Grendel but that is such utter nonsense it takes any credibility from your argument.
Dick Turpin wore a mask, Fisher and SISU don't even bother.(Escrow Account wasn't theirs to begin with)
I thought you were a clever man Grendel. One part of your argument is based on "SISU had paid to the start of new season"..No you're not a clever man but a stupid one. A fair rent is what is needed, and I totally agree with that, but Fisher and SISU shouldn't be allowed to(What is effectively steal) money that doesn't belong to them. 10 years is a very good offer for SISU to pay back what they owe, and pay back they must!
No it does not. It only does if the company required to pay it is the weaker party. That is the unanswered question. Do ACL need Coventry city? If its yes than absolutely this contract can be broken.
Dick Turpin wore a mask, Fisher and SISU don't even bother.(Escrow Account wasn't theirs to begin with)
'Contracts are there to be broken'-not something you expect any honest professional to say.
In many businesses such things happen. I've seen it first hand - you'd be surprised.
More waggle and diberaion from the SISU apologist. Still can't answer direct and pertinent questions though.
The early failures at the club, broken promises and shattered financial plan the fault of Ranson, not SISU.
Sending Thorn, a manager with barely two months experience into the relaxation season, shorn of summer departures and funded in the bottom three of the league. Well, the obvious outcome being wholly Thorn's fault; with no cupability for SISU, who appointed and oversaw him.
Now, rent, which was never mentioned until we got into trouble. Well, guess what. That's not SISU's fault either.
Is it non-stick pans you sell?
Contracts are there to be broken - such is life.
And there Grendel loses all credibility.
No, contracts are not there to be broken by any professional or reputable business in the UK.
Your Sisu-love has led you to a laughable position.
And you clearly have never worked in industry.
When AB was sacked, SISU wanted to appoint Mark Robins as manager but it was pressure from the fans that led to Thorn being given the job.
SISU should have maintained the aim and ignored the fans. If football over the past 100 years has ever proven anything, it is that fans know nothing about football. And finances.
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