Mary_Mungo_Midge
Well-Known Member
Not of 'real' value worth pursuing for the lost rentals, had it? Bearing in mind the time we're discussing here...
CCFC Holdings Ltd as it held the player contracts and other club assets.
Yes. It's business. Get Director's Guarantees to make sure they're committed and candid to all agreements. It's just good practise. When SISU came to the club, people were talking in glowing terms about these 'hard nosed' astute businessmen. Now ACL have been shown to be the party that properly covered off all bases, they're accused of being duplicitous?!?
No it wouldn't, the figure calculated today wasn't a rent payment. McGinninty and Robinson were guaranteeing rent.
So the principle of the club bring screwed out of match day revenues it basically generated sits fine with you?
So the principle of the club bring screwed out of match day revenues it basically generated sits fine with you?
Not of 'real' value worth pursuing for the lost rentals, had it? Bearing in mind the time we're discussing here...
It sold them. It wasn't forced to. It sold them. Am I happy about that? No. But they're gone. And if the current owners want them back, they need to buy them. That's just life
How much for 3 years then?
How stupid is that question? I mean. Really. Think about it
It sold them. It wasn't forced to. It sold them. Am I happy about that? No. But they're gone. And if the current owners want them back, they need to buy them. That's just life.
It's like selling your house, then complaining you can't have your Christmas Dinner in your 'favourite' dining room. It's insane
Which is exactly why the contract between CCFC Ltd and ACL isn't worth anything and is now null and void.
No it isn't. If the club initially want a 3 year deal how much will the securing of revenues which average £100,000 profit per annum cost?
The house and the land no longer exist in your scenario. The buyer and seller now have nothing. Bad deals all around. Time for a new deal.
Grendel . Why are you trying to second guess negotiations?
What's all this, how much , what cost stuff? Not going to get anywhere is it
What's your point ,I'm lost?
It was based on a non-payment of rent.
You won't move away from this, will you? What if - and bear with me here - but what if ACL own a contract that says they, and/or the JV company or whatever, hold a monopoly for all catering revenues for any football event held at the Rocoh Arena - or whatever it's called now or at any time in the future? It doesn't matter who owns the football club, be it ARVO, SISU, Ban-Ki Moon or Jimmy Krankie for that matter - the revenues are ACL's. That, I suspect, is what they hold
I suspect that the catering contractor isn't exactly happy with the way the way the contract is going at the moment and would be happy to vary terms that would generate say 200k+ paying customers come into the Ricoh over the course of the football season.
I suspect that the catering contractor isn't exactly happy with the way the way the contract is going at the moment and would be happy to vary terms that would generate say 200k+ paying customers come into the Ricoh over the course of the football season.
No it isn't. If the club initially want a 3 year deal how much will the securing of revenues which average £100,000 profit per annum cost?
Yep 5% of something is a whole lot better than 100% of nothing.
No. the buyer has - and is using - a monopoly over what he's bought. His dining room. His turkey. His trimmings
Intangible assets don't really work like that. If you had shares in Woolworths would you still be turning up to where they usually had their AGM to cast your votes in a company that no longer exists saying you paid £x for your shares and you demand your rights?
Intangible assets don't really work like that. If you had shares in Woolworths would you still be turning up to where they usually had their AGM to cast your votes in a company that no longer exists saying you paid £x for your shares and you demand your rights?
Now, that's pragmatism; and I agree with you at last. Could be described as the 'welcome' by-product of a distressing process, couldn't it? Just kindly remind me where I've heard that one, can you?
Bad analogy. That's one single business, going bust. Simple. As I very much expect, ACL hold a monopoly over the Ricoh's catering; at least in part signed away by our previous owners in a guise no longer in existence. Doesn't matter. The signed monopoly goes on long after the contracting party or officer doesn't exist any more. You can't vaporise a contracting party to a monopoly and think all right cease and you can start again
It really should be re-named ACL talk - the way people obsess about this stupid little Company is alarming.
So if they tried to attract a new tenant they wouldn't offer revenues as an inducement? You sure about that?
It really should be re-named ACL talk - the way people obsess about this stupid little Company is alarming.
You realise it was you that started the thread.
You realise it was you that started the thread.
Indeed and the slithering defence and justification of this company at the expense of the well being of the club is frightening.
Bad analogy. That's one single business, going bust. Simple. As I very much expect, ACL hold a monopoly over the Ricoh's catering; at least in part signed away by our previous owners in a guise no longer in existence. Doesn't matter. The signed monopoly goes on long after the contracting party or officer doesn't exist any more. You can't vaporise a contracting party to a monopoly and think all right cease and you can start again
Indeed and the slithering defence and justification of this company at the expense of the well being of the club is frightening.
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