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Simon Gilbert@TheSimonGilbert · 1m Council QC has also been saying Sisu has sought to introduce new arguments that are not admissible.

Simon Gilbert@TheSimonGilbert · 2m Council says ACL statement a private investor wouldn't go above 12m was not a council statement and was made during negotiations with bank.

Council QC says loan decision was rational and “made commercial sense”. Council QC arguing that Sisu plea to amend the grounds for their case should be rejected by the judge.

Judge says councillors still had to take into account the public interest, while being constrained by state aid law.

Simon Gilbert@TheSimonGilbert · 3s Council QC also points to case which seems to show decision makers can be given too much information.

Simon Gilbert@TheSimonGilbert · 23s Council QC going over EU case law now. Main thrust is advice to council must have been material misleading to breach state aid law.

Continues the football line saying his opposite number "went off the pitch if not beyond the stand" by adding in claims based on council officer Barry Hastie's report to councillors ahead of the vote on the £14.4m loan.

Council QC says Sisu moving the goalposts in the scope of their case.

Simon Gilbert@TheSimonGilbert · 2m Judge says: "the statement that CCFC stopped paying rent unlawfully is not misleading."

Simon Gilbert@TheSimonGilbert · 2m Sisu QC says council responding to wrong point after referencing CCFC rent strike in council report.

nothing new though is it how often do they keep their promises ??:whistle:

Sorry robo but i do not believe a word that he says at the moment, a club with no home no income from the fans, he will be on a shoe string budget getting what he can for nothing and all the players that are left after the quality players have been brought by other clubs.:(

Council QC says Sisu have taken blinkered approach. Ignored other ACL revenue streams and a potential return to the Ricoh to play in Nham

Court told the lowest £6.4m valuation of ACL’s lease was based on ACL never getting rent from CCFC or any other anchor tenants for the remaining 43 years of ACL’s Ricoh Arena lease

Now the Council QC says Sisu’s argument is riddled with fallacies.

Simon Gilbert @TheSimonGilbert · 17s Council QC says Sisu were dealing with the bank behind the council's back too. Sisu QC says there's no evidence for that.

Simon Gilbert @TheSimonGilbert · 44s Coun QC justifies length of £14.4m Council/ACL loan by saying council will earn £19.4m in interest alone over the 40 year term of the lease.

Yorkshire Bank’s planned £15.5m loan refinancing to ACL would have meant £1.3m annual repayments. The Australian bank which owned Yorkshire Bank did not want to write down the loan, Council QC tells court.

Council QC tells court presentation to Labour councillors stated primary objective was to protect investment in ACL.

opens fridge for a cold beer and chicken sandwich :D