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  1. grego_gee

    Your Choice, Take 15 Point Deduction or ACL Sign CVA?

    I'm begining to think the majority on here are under 15! If CCFC is liquidated it will not exist to be sold. (again) but relax, Ccfc Ltd is NOT the club Otium have that tucked up nice and secure. Keep up in tge back row! :pimp:
  2. grego_gee

    OK so tell me what exactly and realisticly should happen next?

    ok, explain how that policy can be used to hurt SISU! without hurting the club first? the starved revenue will have an immediate and critical effect on the small, FFP limited budget of the team! It is unlikely to even dent the financial might of SISU? ABOVE ALL ELSE WE SHOULD BE PUTTING THE...
  3. grego_gee

    OK so tell me what exactly and realisticly should happen next?

    the goalposts have moved. SISU tried to negotiate a resonable rent. When the best deal TF could take back to JS was 400k, (20m for the 50yr term), they realised they could build a new stadium for similar outlay. The Ricoh is a fine stadium but its viability is dependant upon the football club...
  4. grego_gee

    OK so tell me what exactly and realisticly should happen next?

    ACL should accept the CVA The COUNCIL should then negotiate with Otium to buy out the councils mortgage (14m) the HIGGS share (6m) and the councils equity (10m) .30m total for a 125year lease. alternatively The council should negotiate with Otium to sell the freehold to Otium fot circa 50m and...
  5. grego_gee

    appleton fires back

    Direcors of a company have a duty to act in the best interest of the shareholder. it is difficult to see how they could reject the Otium CVA within the duty of directors. Emotions are running high but it would not gain them anything! :pimp:
  6. grego_gee

    appleton fires back

    I believe the admin process is essentially an auction that goes to the highest bidder. Otium in this case. If they have included one years compo in their bid thats what ACL will get. There is no discussion about what the compo should have been. Had a higher bidder included 3yrs compo that would...
  7. grego_gee

    Sisu have a different agenda!

    ok its a wind-up! sorry, I mistook it for a serious point. :pimp:
  8. grego_gee

    Sisu have a different agenda!

    please can you post the link from where you found this information. :pimp:
  9. grego_gee

    Acl back on cwr again

    Buying ACL would not buy the Ricoh - ACL only have the remainder of a 50 year lease on it. SISU now see the benefit of owning their own stadium freehold for a similar outlay. I think they will only be interested in paying £30-50m for the freehold of the Ricoh. If that is up for negotiation they...
  10. grego_gee

    Acl back on cwr again

    as I said in my first post, If they don't sign the CVA, it will cost ACL 700k that they can't afford to lose! So its not a condition that will be refused its just a matter of when it is accepted! :pimp:
  11. grego_gee

    Acl back on cwr again

    Yes it is but not by me! I just made an observation on an open forum saying it was an acceptance with one condition. It was another observer that went onto the radio and said it was a refusal! :pimp:
  12. grego_gee

    Acl back on cwr again

    half full or half empty? it could be said SISU have agreed to the talks under the FL if the CVA is signed. It will cost ACL over half a million if they don't sign so they will probably sign it next week anyway. they could sign it now and start negotiations a week earlier. :pimp:
  13. grego_gee

    Let them stay! Ricoh owners hold last-ditch talks with Football League

    The worst thing is that PWKH has bought OSB! His motive may have been to control him and gag the observations that he was making on this forum as much as give him work. Is he really such an exceptional accountant? there are plenty of others out there to choose from. Didn't PWKH also try to...
  14. grego_gee

    Have we now fallen in love with The Ricoh?

    You must be psychic! :pimp:
  15. grego_gee

    Have we now fallen in love with The Ricoh?

    That about sums it up! You always want what you can't have! :pimp:
  16. grego_gee

    Question on The RA

    Very ironic thread title - Deegan was sacked for tweeting "up the RA", it was taken as a reference to the IRA but if he had been quicker witted he had a perfect defence! (Ricoh Arena) :pimp:
  17. grego_gee

    Let them stay! Ricoh owners hold last-ditch talks with Football League

    Maybe both sides have been told by their solicitors not to talk to the other side!..... :pimp:
  18. grego_gee

    Let them stay! Ricoh owners hold last-ditch talks with Football League

    I was previously thinking there would be a last minute deal and we would be playing next year at the Ricoh. Unfortunately after reading this article and the one from the prison, I now doubt it. I think SISU will probably have said to the league that it would be impossible for them to "do a...
  19. grego_gee

    Latest prison news

    http://aprisonofmeasuredtime.wordpress.com/2013/07/16/the-best-way-to-facilitate-a-competitive-team/ :pimp:
  20. grego_gee

    When will the badges be coming off the Ricoh & heading for Northampton then?

    No they've both been changed! Name & Registered Office: COVENTRY CITY FOOTBALL CLUB LIMITED 26 28 BEDFORD ROW LONDON WC1R HE Company No. 03056875 AD01 04/04/2013 REGISTERED OFFICE CHANGED ON 04/04/2013 FROM RICOH ARENA PHOENIX WAY FOLESHILL COVENTRY WEST MIDLANDS CV6 6GE...
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