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The amount that would have had to be borrowed would certainly have been in excess of £30m and bank rate at that time was generally over 5% so if the club could have found finance at 7%, they would have been extremely lucky. £30m over 20 years at 7% is £2.75m per year. The deal agreed with the...

Instead of paying rent, suppose that CCFC had been able to raise a loan to finish the stadium. How much would they have been paying in interest and capital repayment over the years?

Someone who was prepared to call SISU's bluff and take a gamble that they could pick up the club cheap when SISU finally realise the game is up?

That's called "Not shitting on your own doorstep".

No, just like the sale of CCFC there would have to be bids. But this time, the odds wouldn't be stacked in SISU's favour.

Not odd really. It fits the pattern of their arrogance and a belief that normal rules of law and socially acceptable behaviour do not apply to them.

If assets were moved to deliberately put them out of the reach of creditors, that would be illegal. Whether the accounts were filed or not, the Serious Fraud Office could still take action to bring the directors to trial for insolvency fraud.

Thick with irony - to call someone a "massive tool" and yet claim that the other person resorts to "mindless nonsense". And to brand someone as "illiterate" while using "uop" in the sentence, well...

So let's get this right - a reputable financial institution will advance £30m to a bunch of slippery bastards, with no obvious assets, to build a second football ground in a city with only one League team?

Of course it is if you haven't got a pot to piss in. Arsenal had the Highbury development as security.

They have been paying rent to a Bates tax-haven company for 9 years. Are there really people naive enough to believe SISU won't do exactly the same.

That's only another 10,799 confessions and apologies to go.

It didn't dissuade anyone from buying Leeds or Manchester City to name but two examples of clubs not owning their ground.

Some of the posts on here are worthy of the followers of some crackpot religion. The words of the messiah are quoted as gospel and his sacred words are interpreted, with full embellishment, as the only path to a bright and better future.

PWKH: " No. It is my understanding that Otium/Sisu have "moved on". Nothing in that suggests it is the end of the matter for ACL.

Why did you bother asking the question when you obviously don't understand the answer.

Good work - although as his local club had suffered at the hands of crooks, asset strippers and money launderers, he might have been expected to sympathise.

I'd ditch the avatar though, on my screen it does look a little bit umm.. Village People :p

Suspicious and illegal.

It will be interesting to hear Vince Cable's eventual reply to the question that was put to him by Jim Cunningham a couple of months ago. His department are, presumably, aware of all these leaked documents and they are, presumably, considering the possibility that assets were moved in an attempt...