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From: Skinner, David (Cllr) < [email protected]> Date: Fri, 7 Jun 2019, 15:40 Subject: Council statement on CCFC announcement To: Skinner, David (Cllr) < [email protected]> For Residents I forward verbatim today’s joint statement. Please tell anyone who may wish to...

Can I ask what accountancy qualification you have ??

What ever happens to the football club and the EU it stlll seems likely we are stuck with this ruinous Council !

It is Vodaphone now ! But the idea is right

It also means the Council legal team kept it to themselves ?

They cannot really because they all voted for the WASPs sale - probably all worried about being impeached or what the correct term is

Precisely !

But the complaint was not against WASPs - it is CCC. So I wonder which other parties expect to get indemnified ?? CCC??? So the EU find against CCC > CCC demands from WASPs the damages >WASPs then expect SISU/CCFC to cover the lot Yeah right !

Nothing to do with the rent - the statement says they expected CCFC to be included in paying any sums suffered by WASPs ( and their associated parties )

Always the Trust?

He would have to right twice then !

Angelic? Check last years figures https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/756379/football-related-arrests-banning-orders-1718-hosb2818.pdf

Statutory Accounts - March 2020 The Guarantors and ACL2006 undertake that they will together require the Independent Appraiser and/or Valuers, as applicable, to produce a Valuation of all Relevant Assets for the purposes of Condition 4(e)(i): (x) not less than once in each consecutive 24 month...

And if it turns out to be correct what will they be then - or you in fact?

I know - I was only being a bit silly myself lol We do not how many people own the bonds and I assume you mean over the "borrower" If WASPs Finance defaults then the remedy will be, they can appoint a Receiver who will go for recovery against WASPs Ltd I have not seen the loan document but...

Ah I have not seen the PSB "thing" and not sure I want to :wtf:

When he says "just" does he mean - an hour ago or he just shuffled up to CJ and said "should we do this?" if so when??

I think you need to go on an OSB induction course !!

Perverse! How would that work :-)

The remaining land would probably be more valuable now!