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actually Otium Entertainment limited which is the legal entity of the trading name CCFC (ie the Club) is named on the court documents...... so they are indeed part of the action being taken

on the positive side Germany just lost and are out of the World Cup :happy::happy::happy::happy:

my understanding was that the banks required regular valuations in support of their finance, they wouldn't rely on a directors estimate. Because it was the banks valuation then it wouldn't be included in the accounts without the banks say so

not surprised that we have seen this adjourned but still time for a decision today

Only if ACL as a company agree to it. CCC were only 50% of it. ACL would still own the lease but this time with 250 years to go and a far greater value. It would be ACL putting the lease on the market either the original one or the long one it had acquired. Could actually have made it unsaleable...

Meanwhile in the real world what open market was there for a lease extension a third party could not earn from for 38 years? Whilst ACL is in the possession of the original lease then where is the market for the lease or the extension unless ACL agree to sell? Legally CCC might own the freehold...

the logic of that is that Wasps pay the council 27m then agree to compensate SISU by surrendering half the value of the Ricoh, I would assume SISU would refuse to share the loan burden which would see Wasps repay half the bond total of £35m because of the security given....... Cost to Wasps £45m...

these surely cant be the best arguments that SISU can come up with can it? There must be something else surely? other than infamy, infamy they've all got it in for me ........

Wasps effectively paid £18m for the short lease when they took on ACL. That was the value in the accounts of ACL. At 31/05/2014 the ACL balance sheet showed net assets of 6.8m in the accounts to 2015 ACL made losses which would have decreased the Net asset position. Wasps paid 5.5m plus some...

was taken to my first match 1968 ......... at Maine Rd ............ we lost 4:2 but I was hooked. It was one big day of adventure and the right Sky Blues, CCFC, became my team :) :) Manchester City v Coventry City, 21 December 1968

the guy just needs that bit of confidence a goal for England would bring. It isn't that he is playing that badly or lacking effort, it is that when he gets in the right positions he doesn't believe in himself enough. Get a goal and that will change. I think most people were willing that header...

I think people are confusing the feel good factor of the team doing well (without major investment) and a change in business objective for SISU. I just do not see it myself The football business has been left to stand on its own two feet, and that is what it has done. Effectively SISU have...

very good player but not yet a Ronaldo or a Messi, or a Pele, Maradona, etc ...............

Look at it this way, Leicester will be helping to finance our success with a large chunk of money partly financed by their fans :happy:

I would largely agree with this, maybe not the figures quoted but they were only examples any way. The Principle is correct Most clubs do not prepare their budgets on the expectation of cup success. It would be a nonsense because there is no real way of reaching a prudent figure. I would think...

My guess is that its an estimate of the turnover it is worth to Delaware over the duration of the contract........ it is not unusual that things are expressed in this manner, even if it is misleading