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So the Charity issued legal proceedings to recover costs of legals etc when the talks were aborted, those costs having been agreed as payable before the talks started in May 2012 but not paid to date. £30k January 2014 SISU issue a counter claim for their cost and botheration in talks that led...

would be viewed by some as a good idea but the Alan Edward Higgs Charity that owns 50% of ACL does not own or run the Alan Higgs Centre, that's run by the Alan Higgs Centre Trust a separate organisation. Not to mention that unless CCFC in breach of contract then it couldn't happen

the chronology on this was April 2012 CCFC stopped paying the rent May 2012 CCFC enter negotiations with Alan Higgs Charity to purchase shares in ACL May/June 2012 heads of terms agreed by both parties - no deal was ever concluded or vetoed June 2012 CCFC conduct initial due diligence but do...

Something that has puzzled me in the SISU claims made. Putting aside the acrimonious side of things. Yes the CCC buying out the loan from Yorkshire Bank changed things, but surely it didn't have to have meant that there was no deal to be done in terms of ownership...... it would just be a...

This is what they have done. Taking a charge is not sinister any lender would do it, and generally over all the assets. So not alarmed no, it is what would be expected ARVO have taken a charge over the assets of Otium Ent Group. It replaces the charge that was over the assets CCFC H. Those...

ARVO have taken a charge over the assets of Otium Ent Group. It replaces the charge that was over the assets CCFC H. Those assets were transferred to Otium and this is transferring the charge to act as security for monies lent to the group. The other document allows for the issue of 1,484,000...

Not sure that is what AL meant ..... I took it to mean that she didn't know if the Charity wanted to sell or not. Certainly in the past it is clear that they were open to the idea having entered in to negotiations in mid 2012. I didn't take it that she knew that the Charity would reject any sale...

you could look at it that way ........ or ......the club had an option on the land that because of the £27m total debts and a negative group balance sheet of £12.1m, on going growing losses they could not follow through on. They could not get the millions required to go further. The CCFC...

Yes he must Nick but you might expect him to get some of the facts we can check from public record correct too

also the accounts of club and charity clearly show purchase price at £6.5m for the 50% shares that happened in December 2003. The accounts of club 2002 costs spent on the project at £18.4. However what was transferred to the joint venture was the costs spent 18.4m less the debts owing by the...

it wont be sold unencumbered or unfettered....... which means it wont be sold without ACL being in place ...... which means the loan ACL has will still be there. AL didn't rule out an encumbered sale but why any one would buy a freehold that doesn't have rights to any income I do not know...

Just a question. Of the present squad, how many contracts terminate at the end of next season? Certainly Seabourne and Slager do, pretty certain a fair few of the young lads do too

Think there are a number of things to take from the statement on a different levels 1) is that it is AL saying to her party and council members "I am a strong leader" 2) a statement to the general populace that the Council knows its responsibilities and will not prioritise CCFC above...

Seemed to be unanimous support from all sides in the council chamber.

If the PR works then yes clever................ but what if CCC and ACL basically say get on with it we are doing something else. If that happens SISU have put themselves in a hole where they will need to build, and a year after first saying they would they have not yet got close to a site. I...

Think the clue might be in the last part of the Simon Gilbert tweet. If it is not a return and it is a significant statement I would guess that the Council will say they are moving on, getting on with running the City. Probably add that door still open for CCFC to come back. Given the...

Who is meeting? the full council, a committee? it isn't listed on the Council online diary

Would be good if they could just clarify exactly what they have done in that respect. Only details so far are that ARVO have lent Otium £9.1m (a big chunk of which carries interest)and that Otium have issued £500k in shares of some description. I would think that with the FA cup run the...

If we get an offer of £500k or more move him on. I don't think we would get offered much more than that given his age and history. Also you have to factor in that other clubs will be aware of our financial situation and use it against us. I would think he would be a disruptive influence if he...

So having received the transfer request does Pressley adopt the "bomb squad" policy or keep Leon Clarke in the squad (subject to injury)? Personally I would leave him out of the squad. I would also move him on as quick as possible subject to getting bids of course, and hope to get a couple...