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When Sisu came in and acquired us I was supportive because they had money and I thought knew what they were doing. I assumed that they would buy back the Higgs share at a cheap price thanks to a formula I never knew existed at the time. Then we'd have 2 seats on the ACL board, a chance to change...

Nicely covering your ass there ;)

I'm not defending GR in any size shape or form but the fact is he did loan the club along with McGinnity and Sir Higgs £666k each. However as I posted a while back Mr McGinnity charged interest on one of his loans to the club at 1% above base rate. Another loan was from the McGinnity family...

Someone asked for other examples of where the Higgs had financially supported our club. I was providing the two examples I was aware of. I wasn't aware they had done stuff in the JH era.

That was a different loan, the £666k one was always interest free, it was in the club accounts. The million pounds loan is another matter which is the one I think you were talking about.

We don't know what Sisu would do they might load debt into ACL they might not. Blaming them for something they haven't done, except for not producing the new stadium plans, isn't really fair.

Here's the link to the personal loan Sir Higgs wrote off http://www.coventrytelegraph.net/news/Coventry-news/geoffrey-robinson-20m-out-of-pocket-3103929 I'm looking for the link to the £2m Charity loan I think it was mentioned in the leaked club documents.

They loaned us money about £2m (interest free) they can't just give us money under charity rules whilst at HR (before the ACL share sale). Sir Higgs wrote off a £666,000 loan to our club* when Sisu came in as well as giving up his shares like other supporters. I'll provide sources for those once...

What would you have suggested she did? Also have you actually read what charities can and can't do with their money, on the Charity Commission website?

Best of luck for your grandson tomorrow, hope he doesn't get stage fright and we collect three points for him.

I think you might both be talking about different things, you the private meetings with Mr Labovitch (that were organised through Nick) and the OP the forum he promised on CWR which B.Afro said would have an invited audience. No need to call people kit bags or whatever.

Can we get decent odds on Wilson doing the same for us?

As I understand it ACL have reinvested any profits and the shareholders (charity and the council) have not taken any dividends. If someone else bought ACL then I doubt there would be any rules saying that they had to reinvest all the profits in the Ricoh. Might be wrong though, the council can...

They may be entitled to revenues from their half of ACL I haven't seen that information anywhere though. The fact is they haven't had any revenue from their share as far as we know, all the profits if any are reinvested into the Ricoh.

They also built the Cat 2 facility at which our Academy train. By making it dual purpose I.e. there being public use facilities there they could get away with spending that cash helping us out.

If you read up on the rules regarding what a charity can and can't do with their funds it appears to me with the previous money that they loaned us (before the ACL share deal) whilst we were still at HR that they did everything they could for us without breaking the Charity Commission rules...

Nice to see that Leon will likely be on the bench for them. I'm trying to stay positive and am hoping for a City victory and a score that makes us look as good as we did in the first half of the season.

If the Charity lose all the money they spent buying ACL because it goes bust then that's their bad luck. However there's no evidence pointing to ACL going bust yet and any claims by Mrs PWKH that ACL are going to have £Xm turnover or profit are just that, claims not audited accounts. On the...

I thought you had finally come round to the idea that ACL was a private company.

Tim is more confident talking to the media and answering questions than Mr Labovitch seems to be. Tim may not always answer the question satisfactorily but he's always seemed more sure of what he's saying. Whether he or we believe it is another matter.