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  1. oldskyblue58

    Council meeting - 18/8

    Good work guys. What is done by all parties from here is what is important. Not what is said now nor what was done or said in the past by any of them. Put up or shut up time for all the parties
  2. oldskyblue58

    Would 1 more promotion sort the club out completely?

    Not sure i see the finances in such a simple basic way. SISU are an investment business and i cant help thinking that promotion to the Premier League would first and foremost allow them to maximise that investment return. The owners first priority has always been been their investment return, i...
  3. oldskyblue58

    Squad numbers announced

    Not really bothered about who got what number, all of the squad is going to be needed I think Robins has put together a decent enough squad given the limitations of budget and finance. It is a young squad that on paper at least looks to have potential. Not a massive amount of regular...
  4. oldskyblue58

    Captain?

    Myself i cant see any reason to change from Kelly
  5. oldskyblue58

    Council meeting for Mark and I

    Ever considered nomination as POTUS or joining QAnon they both love a good unfounded conspiracy 🤣🤣🤣 Think you will find in posts of mine in this very thread that I have very good reason for restricting my posting on this site for the last 6 weeks. Nothing to do with bias or agenda, and far more...
  6. oldskyblue58

    Council meeting for Mark and I

    Understand that and I try to explain in as simple terms as I can and try to do it as far as possible based on facts.
  7. oldskyblue58

    Council meeting for Mark and I

    Not going to get into an argument with you about it. There is no contradiction or u turn, in what is being said. The sale value of any companies shares is the agreed valuation of all assets less all liabilities. Explained all of that before many times Wasps bought the shares they didn't buy...
  8. oldskyblue58

    CCFC 20/21 fixtures released tomorrow

    Tough season ahead and getting early momentum is important. Do we go for it from the off or set up to be hard to beat? Personally I think certainly for the first 10 games we should go for it then reassess. No point worrying about other teams make them worry about us. No fear. But as others...
  9. oldskyblue58

    Council meeting for Mark and I

    The accounts of acl show the lease extension purchase The wasps group accounts show the extension purchase in the group assets (which includes acl) note and a payment on the group cash flow statement £1m The original lease formed part of the share sale value that was paid
  10. oldskyblue58

    Council meeting for Mark and I

    But we don't Pete so we cannot make assumptions as to what can and cannot be included. Can only put up the timelines as facts the rest including my musings is conjecture and opinion
  11. oldskyblue58

    Council meeting for Mark and I

    Except the loan forms an integral part of the share valuation at the sale date so it cannot be ignored if sisu are challenging the sale value of the ccc shares. Not about clever accounting. The repayment might be a separate event but the loan cannot be ignored The list I put up was a timeline...
  12. oldskyblue58

    Council meeting for Mark and I

    Agree with some of that but as with all things it wasnt entirely like that. There was a plan I think that sought to break that link. Ccc sold their share first subject to a deal being done with the charity for wasps to acquire their shares. That made the lease extension subject to the same...
  13. oldskyblue58

    Council meeting for Mark and I

    Wasps bought the lease for 18.4m in the original deal as part of the share price then extended for 1m. Sisu are saying the value to ccc with no anchor tenant immediately before sale was 28m more than that at 47m. Wasps then got it valued at 48m in May 2015 with wasps rugby as the anchor tenant.
  14. oldskyblue58

    Council meeting for Mark and I

    what takes it forward from fans point of view is to continue talking and questioning. You and Mark are doing a good job with that - perhaps also finding the frustration others have felt Sorry to be down beat but it won't really be solved until the legals play out or ownership changes. Thats...
  15. oldskyblue58

    Council meeting for Mark and I

    if you accept that sisu are entitled to take whatever legal action they see fit to protect their interests then you have to also accept wasps have exactly the same right to protect their interests including the use of legal agreements It is not ccfc should take a deal at all costs but equally...
  16. oldskyblue58

    Council meeting for Mark and I

    So given that compensation the question is why when no crowds are likely to be allowed that would make a significant difference to finances would sisu bring the club back any time in the 20/21 season. Conclusion has to be that sisu have no intention of bringing the club back before August 2021...
  17. oldskyblue58

    Council meeting for Mark and I

    The trouble is every legal action so far has been jointly brought by ccfc in the guise of ccfc h or otium. It would be safe i think to assume that the complaint has jointly been brought by ccfc. Sisu haven't actually taken any of the actions in legal terms ..... never been named as complainant...
  18. oldskyblue58

    Council meeting for Mark and I

    As I understand either side can appeal the complaint result to the ecj. There is also potential for a damages case, the thing is in that scenario it isnt about the sale or lease per se and the claim isnt perhaps the objective but distressing the site is. Its still the same game being played imo
  19. oldskyblue58

    Council meeting for Mark and I

    Wish I could be more positive The next solution window is i fear the result of the eu complaint. Before then because of the sums involved I dont see how either side move. Sisu as I said will follow through on the complaint until there are no other options Wasps have to protect their...
  20. oldskyblue58

    Council meeting for Mark and I

    No ! 🤣🤣🤣
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