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I guess I'm astounded. Still am!!! WEMBLEY BABY!!

:ROFLMAO:

There will be about 8-10 of us in the Blind Pig in Douglas Isle of Man...

Oh you said to ease the nerves...

He was in the training photos yesterday so I suspect he is fine.

It's almost like Robin's knows what he is doing isn't it! Don't get me wrong sometimes statistics can lie, but over this large a sample size it's clear that he is an integral part of what we have been doing this season. In any case I will be absolutely astounded if Eccles isn't in the...

Damn damn damn - I missed this post originally as I've become a bit of a lurker lately, but I found incredible value from his posts over the years. My deepest condolences go out to his friends and family. 💔

With Eccles P29 W15 D10 L4 Without Eccles P20 W3 D7 L10 Pain and suffering! LOL. My only regret is that his injuries have meant he didn't play more games. Enjoy the Citeh game...

Chipped in for a JSB membership for someone. Thanks for organising again MMJ - hopefully DK will continue the SISU tradition of matching the donations. PUSB!

Fying in tomorrow evening - ETA around 9pm. Staying nr south shore. If anyone's out an about Friday evening shout out.

1000% we would be charged rent - how else would the costs of stadium ownership be funded. If Sisu determined that ownership of the stadium and 100% of all the would add 3m a year to revenues then they could afford to double rent payments... that rent could be securitised to provide the...

The highlighted part is indeed the key part. The council will be within their rights to take the lease back as a last resort only.

Yes basically boils down to can the arena be run at cashflow-positive...if not then the massive red flag this week from Wasps asking bond holders for more money to keep it going. An administrator with no money has two options. 1. Sell anything it can to get cash to continue operations...

The lease wasn't gifted. They paid 1m in consideration. That said I am aware that the lease can go back to the council, but I assume that is a "fail-safe" clause. Pretty sure the council would be sued by the bond holders quicker than you could say "state aid".

In the event of liquidation of ACL, how much control would the bond holders have over the inevitable fire sale of the stadium? Could the bond holders take control of the stadium from liquidators and form a newco running the stadium for the benefit of the bond holders?

Covid most likely, but still counted in attendance.

Thanks for organising MMJ. Just chipped in.

Yup

Their replacements would just be the same. Absolute power corrupts absolutely.