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Just out of interest is there a contractual agreement for the money to be in an Escrow account? If not I assume SISU can withdraw it at any time? Is the Escrow actually under FL control? or is it still under SISU control? The control is important because if it sits with SISU's solicitors then...

I don't see any concessions so far.......... the sticking point wont be the £590k and to be honest we have waited this long waiting till 7th August shouldn't be a problem should it? Seems both sides are waiting for the FL to make the decision on that. The legal challenges though stand to be...

The language is more concillatory certainly. But what does it actually say that is new? What is actually changed other than the language on a statement. - Nothing will happen before the 7th - the Football League has not made a decision - The appeal, which like it or not if you were ACL is a...

Just to be clear I do not think anyone should support the owners in their movement of the team to Sixfields. It is not about NOPM it is just simply wrong and I will never go there. You can see it as a policy but if it is adopted then rightly members of the Trust will expect it to be acted...

it did but only whenever all the bills were within the agreed payment terms .... were they?

so the focus on a minimum in court is factual but a little misleading really because no one was actually relying on it :thinking about:

so basically saying that using the option the charity was prepared to sell for no return but no loss minimum but there is a clause I believe in the sale agreement that the club can not activate the option if it owes ACL money outside of normal terms. CCFC Ltd had the option. So the attempt...

"The sale agreement had an option, under which CCFC could buy back the shares for an amount to be calculated under a formula based on the sale price and notional interest but with a minimum price of £6.5m" so is that an amount plus interest that cant be less than 6.5m or is it 6.5m capital plus...

The £4.8m was the net amount invested in the scheme by CCFC H. It was made up of payments made in to the scheme £17m less amounts owed (loans & Creditors) £12m in round figures The CCFC H group invested £4.8m in the project through football investors ltd by 31/05/2002. The directors invested a...

You know what is interesting is where these stories about a return being imminent are coming from. It seems to me that ACL & CCC have said nothing since the statements a week ago. ACL have made their conditions clear and CCC wont say anything we know whilst under legal threat. Pretty certain...

I think everyone is feeling annoyed and frustrated me included. Doesn't happen often but I needed to vent some feelings. I am not against people taking action - but know the likely outcome of it. I get frustrated by the keyboard warriors on here etc who put out the ideas, comments, insults...

and what are you going to do to change any of it?

Resolution 2 proposed by Bruce Walker The Trust can no longer sit on the fence while our Club is being destroyed. The Trust must represent and give voice to its members, and in particular must: 1. Call for a complete supporters' boycott of City matches at Sixfields. 2. Increase pressure on...

except for example they have multiplay coming up at the August Bank holiday. http://insomniagamingfestival.com/ I understand they expect 40,000 over the three days and the whole complex will be taken over by it - including the stadium bowl They will need lots of stewards This is just the usual...

excellent post NW !

exactly .....

It does put pressure on the FL as to how they deal with CCFC though. Are the FL really going to risk and expose the football creditors rule by not following their decisions through regarding CCFC? Would the FL rather risk being sued by SISU - you would have to think so. The pressure on the FL...

have seen here or on CT and other sites people saying the Trust are not doing anything (not actually true but there you go). So to those making the judgements what would you have the Trust do....... don't say "come down of the fence" that's meaningless........ what specific actions would you do...

Why would SISU need access to ACL's books to do a short term deal ? They (SISU) are saying they will pay a rent but do all the other income streams and associated costs themselves, where is the need to access ACL's books? They may well ask for it of course but I think we can be reasonably be...

I think people have got to get to grips with the fact that the owners SISU are not going anywhere anytime soon. The small amount I do know about their current finances tells me that they have sufficient income to stay put at Sixfields until at least the end of the season. Those that repeatedly...