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Do you have any evidence to back this up?

Yeah PH4 could fund the loan to ACL and they could get him in that way. Then when the administrator eventually gets round to selling the club (as we all now know that ltd is the club) he could buy that on the cheap. although I'd stake money on it not being anything like that simple.

I can't wait to see them try, they've done so well running the football club thus far. :facepalm:

Think you've misspelt desperation there. ;)

Ah okay. Still worried SISU might have opened a Pandora like box that ends up affecting lots clubs, not just us.

Portable though!

And how many competing 32,000 seater stadiums with exhibition halls do you know in Coventry?

Oh yes he has (is it panto season already?), during balloongate. :slap::D

It has been found, in Ltd.

Don't you mean some sofa located in the Cayman Islands, might explain the difficulty in finding it.

Wow how long did that take! :claping hands:Great result for CCFC not SISU :facepalm:

Given a large number of clubs play at council owned stadias and as Grendel says may have had 'better deals' than we've got, this action may cause them problems too. Could say the Doncaster long lease on the Keepmoat be called in for scrutiny? The financial & other terms of their deal have now...

And how much profit did ACL make for their shareholders in previous years?

Wasn't aware it was a childrens charity, thought PWKH had said it was created to help the people of Coventry or something like that. I agree with you totally about the rest of the post though.

It depends I suppose if the asset is considered to be the lease or the entire stadium, and whether that asset has been distressed in value by the actions of one of the tenants by non payment of their rent.

The market for 32,000 seat stadiums in Coventry that can be purchased on the cheap thanks to bankruptcy/administration cause in no small part by one of their tenants?

Having read your post I just had a vision of that new Davina show where they have the hourglass filled with pound coins and they just flow away in their thousands when the thing is turned over. Don't know why but somehow it seemed similar in some way. ;)

Didn't they agree to cross invoice if that is the term all the F&B income not just the 80% that Compass don't get so that CCFC had more money under FFP?

It doesn't seem to matter how many times the facts are put out there about that, it just seems wilfully ignored.

What an interesting post and I have to agree, how can SISU negotiate with people they treat with contempt.