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  1. oldskyblue58

    Crystal Ball

    We are talking different orders of the business process First off keep in mind that anyone who comes in with the money will not have an affinity for the club, they wont as yet be supporters and are involved for things other than the football club (much like SISU). The key is the stadium and...
  2. oldskyblue58

    Breaking news - league letter to Ainsworth

    They always did dispute the basis of the CVA but to try get a commercial resolution going forward they could live with they put forward the rent deal. Appleton refused to include that or any of the other items put forward in the CVA. the rent deal was a commercial decision in ACL eyes to put it...
  3. oldskyblue58

    Breaking news - league letter to Ainsworth

    The letter refers to the club being liquidated but it is CCFC Ltd that is to be liquidated - the club was being operated by CCFC H as confirmed by TF and accepted by FL way back in March 2013 (otherwise they couldnt have played the matches since 22/03/13 unless Appleton ran the football club)...
  4. oldskyblue58

    Breaking news - league letter to Ainsworth

    the amendments never got included by Appleton but my understanding is that the whole basis of the CVA is disputed by ACL. The rent deal amendments were a commercial decision to try to draw a line under everything
  5. oldskyblue58

    Breaking news - league letter to Ainsworth

    I would have thought they were already chasing that. Neither Robinson nor McGinnity guaranteed the rent as such. They guaranteed the Escrow account and my understanding is that it was open ended ie every time it is drawn down they have a duty to top it up Might find that a seperate private...
  6. oldskyblue58

    Breaking news - league letter to Ainsworth

    No it wasnt that was part of the rent offer that Appleton said could not be included in the CVA
  7. oldskyblue58

    Breaking news - league letter to Ainsworth

    I think you will find that ACL turned the CVA down because they did not agree with the basis upon which it was arrived at. If they had voted for it then they could not argue that the process and calculation was wrong at a future date. Neither the groundshare nor the rental offer formed any...
  8. oldskyblue58

    Breaking news - league letter to Ainsworth

    Didnt the club move out of the City with league permission before any CVA was put to creditors ?
  9. oldskyblue58

    Breaking news - league letter to Ainsworth

    It is easy to comply with their own regulations if just about everything is covered by "at the discretion of the Board" I wonder if the insolvency policy as it relates to new companies has been applied to Otium or not ...... or whether it is just a straight transfer as if it is the same business?
  10. oldskyblue58

    Warwick Uni (land near)

    Think there are a number of things going on through this press release - saying to ACl we are not going away - saying to the fans we are coming back - saying to the football league we are following through on what we said - that there is finance there - that there is a plan - we want the...
  11. oldskyblue58

    Crystal Ball

    is there the same potential for CCFC when it is sitting 34 miles away though with no way back unless the new owners of the Ricoh say so ? Think most of us are not taken in by the talk of building a new stadium to solve our finances. Not sure there will be a long line of bidders either for CCFC...
  12. oldskyblue58

    Crystal Ball

    unlikely because right now i dont think the councils shares are for sale to any one. So any potential purchaser is only going to be able to get 50% of ACL plus maybe the development rights to the whole site. I would suspect that the Council would still have right of veto as would be the case in...
  13. oldskyblue58

    Northampton to Unveil Pland for New Ground

    As i understand it the finance for the stadium(12m) is coming from the local council as a loan........... sure i have heard of that sort of thing happening elsewhere ...........
  14. oldskyblue58

    Crystal Ball

    dont see why anyone would offer sisu 70m to go ...... infact i doubt sisu would expect anything like that amount If a 3rd party bought in to the Ricoh and was confident that it would be successful (why buy in otherwise) then the effect is to distress SISU's investment in CCFC (assuming their...
  15. oldskyblue58

    Crystal Ball

    its a theory or two certainly. Not saying any of it would happen but if the Ricoh was effectively blocked off from SISU why would you need to pay them much(anything) for the club? SISU would be saddled with a club that was leaking money, no option but to seek another ground to rent or build...
  16. oldskyblue58

    Warwick Uni (land near)

    Just a thought ............. but a lot of what is being put out by the SISU side actually increases the public clamour for ACL/CCC to sell the site to to the club. I think there is more to the PR being put out than realised. Leave you to make own minds up Just bear in mind the following...
  17. oldskyblue58

    Judicial Review

    I would have thought that SISU would appeal the decision and take the legal process as far as they can. The Judges summation was pretty strong in favour of CCC so that appeal is unlikely to succeed in the end but in the meantime it ties people and funds up in legal red tape. But thats just a...
  18. oldskyblue58

    Tim Fisher. Does anybody have anything positive to say about him ?

    I am positive I do not believe much of what he says
  19. oldskyblue58

    Warwick Uni (land near)

    more questions/thoughts as usual -If the aim is to build their own stadium and it makes so much sense why still interested in the Ricoh. (yes i know it makes sense to want the Ricoh but the point I am making is that the article is contradictory )"The club was expecting the council to consider...
  20. oldskyblue58

    Will NOPM starve SISU out? I don't think it will

    up to middle May the administrator report says the rate per hour for appletons firm averages out at £343 per hour. In comparison to the big boy administrators in London then thats cheap but still a huge number in total. Plus the court appointment guarantees they get first cut of the cake As you...
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