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Agreed. The feeling I get from this is that in the past any offer made by ACL and negotiated with SISU as their(ACLs) bottom line has been viewed as SISU's starting point to get a better deal. I think what the CCC and ACL have now done is said we wont keep doing that, if you want it, come to...

I guess what i am saying is there is a lot of words said in the article, a lot of statements made by various parties, and i have no issue in Mr Reids right to express it as he has, he is only reporting what has been said or reported previously. However when you scratch at the surface of those...

Thats a way of looking at it certainly but ..... Does it though because unless it is somewhere close to the CCC or ACL expectations then they will simply say no thanks. Taking any bets on it being a high valuation? and as to how about both ............ well yes why not, might get a slightly...

So what about the the lounges eg e-on or yorkshire, who would they belong to? they have dual usage. How many car parking spaces? who has rights of way? If the club gets the lounges how do they get entry? etc etc ............. i know what you are saying and it would seem a simple thing but not...

The article today includes the following Property consultant CBRE – hired by Otium to seek a new stadium site and develop plans – confirmed it is also valuing the Ricoh site. The Telegraph understands it is producing two valuations – for a “trading asset” and a “land asset”. Apparently CBRE...

Looks like there is a vote at the bottom of the article "Should the council sell the Ricoh Arena to Sisu so Sky Blues can play in Coventry? " CCFC playing in Coventry is not dependant on the Council selling the Ricoh to SISU Not a balanced question at all, designed in isolation to get a...

No reason at all why SISU shouldnt be able to offer to buy the Freehold at market value ...... of course the sticking point is not what SISU's valuers put the value at but the reasonable expectations of value of the seller. SISU do not meet those expectations then it doesnt matter what value...

Company has never been sold Ernie only its assets. Thats perfectly legal. It leaves a shell of a company with cash (mainly to pay administration costs) and huge debts including the lease. The bidding process only ever referred to the assets in CCFC Ltd it was never about buying the company The...

He said he wasnt sure what was there certainly, but the bidding process invited interested parties to bid for whatever assets or rights to assets might be there( in entirety). He didnt restrict who could bid or how much, other than it had to be cash bids for assets that at the time he said he...

Because the assets were sold (not transferred) on the basis of an open and defined bidding process it would be hard to show that any asset stripping took place. All the administrator has done is to convert to cash any assets he may have in CCFC Ltd at a value set by an open bidding process that...

Sorry I missed that bit off it was spent on £1 the benefit of all and any actual potential or contingent rights, claims and causes of actions £1 the benefit of any licences (excluding property licences) £1 all other property rights and assets owned Basically anything they could think of...

So what were the continuing Contracts, if CCFC Ltd never did or has held any players contracts ? How does PA or TF explain that away? it reads in the report "the benefit (sublect to burden) of any continuing Contracts £466,742"

NW I must admit to laughing myself when I read it right along with " business intellectual property" :laugh:

No i dont think it is because it will be used to pay the liquidators costs first It wasnt CCFC Ltd that had to pay ACL it was Otium

apparently - to a company called Macca Media - on a monthly retainer per the report

It means that after selling the assets or rights to assets for £1.5m and paying out the legalsetc ( including his full costs of 513k) he has £570k still in the pot to pay the liquidator or to distribute to the creditors. It means he has not found anything so far that he can report as wrong...

Mr Appleton has filed his final progress report at Company House dated 27/09/13. Main points are - Otium paid £1,500,004 for the following Goodwill £1 Business Intellectual Property £1 FL & FA shares £2 Benefit of any continueing Contracts £466,742 Equipment £1 IT System £5000 The...

I think if given time and space then he can hurt teams. Certainly he is looking fitter than last year. The better teams in this division wont give him the time and space though. Uwe Rosler made the point yesterday stop Fleck and Baker and you give yourself a real chance against us because you...

No he didnt stand out yesterday but he didnt do that bad either. Above all he is there as an experienced head to talk the young lads through a game. As such he is doing his job ok. No he isnt the quickest, but at L1 level is doing a job for us. We have little enough experience as it is in...

On CWR this morning they said Sainsbury's were going in at Ansty Park ...... http://www.coventrytelegraph.net/news/coventry-news/sainsburys-london-staff-relocated-ansty-3313704 http://www.anstypark.co.uk/Home