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  1. lordsummerisle

    Receivership

    Who said that Sisu don't listen to what the fans and the Trust want?
  2. lordsummerisle

    Ball

    Possibly both.
  3. lordsummerisle

    Receivership

    The lights won't be on at The Ricoh then??
  4. lordsummerisle

    Arena Construction Completion Report

    You are either a bit confused or deliberately being obtuse. The council received £21million for the 50 year lease from ACL, which is what the mortgage was for from Yorkshire Bank. An £11million pound profit immediately from their £10million investment in the aconstruction of the stadium...
  5. lordsummerisle

    Acl are bullies

    Well peoplem think that with admin, Sisu will be gone and it'll all be fine and Yankee Doodle Dandy.
  6. lordsummerisle

    SISU plan to avoid Administration

    The Trust would be unhappy with that.
  7. lordsummerisle

    Arena Construction Completion Report

    I thought that the Arena could operate perfectly well without CCFC? Fail to see how the rent strike could affect the viability of it if that is the case. Though of course bailing out a commercial entity with a £14million loan(which is more than it's initial investment in the Arena) could be...
  8. lordsummerisle

    Cov Mad

    Spelling is important, really hate the predominant "loose, or looser" instead of "lose or loser" which is often seen on internet forums. Obviously some isn't bad spelling as much as bad typing, which is something with my two fingered typing I can be prone to myself, and more than likely the...
  9. lordsummerisle

    Arena Construction Completion Report

    If it's been used to reduce the rent arrears, then it has been used to pay the rent. It wasn't ACL's money to take either, unless the rent was in arrears, the rent was in arrears, so they took it to pay the rent. The money is the escrow account was the clubs money from some sort of ground...
  10. lordsummerisle

    Richardson - Genius or Villain?

    Really massive cunts aren't. Think we have our answer then!
  11. lordsummerisle

    Richardson - Genius or Villain?

    Richardson - c**t or really massive c**t?
  12. lordsummerisle

    Arena Construction Completion Report

    Then why bother taking it out of the escrow account at all? The Escrow account is down £500,000 because it has been taken out to pay the rent arrears, therefore the rent arrears are reduced by £500,000.
  13. lordsummerisle

    Arena Construction Completion Report

    So it has been taken off the rent arrears then.
  14. lordsummerisle

    Arena Construction Completion Report

    The £21million loan that was taken from Yorkshire Bank was used to pay the council the 50 year lease fee. The £14million pound is now owed back to the council, so they were already £11million up on their initial £10million investment before they really got started.
  15. lordsummerisle

    Arena Construction Completion Report

    So what ACL done with the money, if not taken it as part of the rent? Is it in some sort of super-escrow account now?
  16. lordsummerisle

    Arena Construction Completion Report

    Have ACL not taken the money then?
  17. lordsummerisle

    Arena Construction Completion Report

    That £14million pound mortgage is what's left of the £21million paid to the council, and is now being paid back to the council. Your maths seems to be slipping.
  18. lordsummerisle

    Arena Construction Completion Report

    Was the escrow money that ACL took for the rent Monopoly money then? Seems that it doesn't count as money at all? This thread has nothing to do with whatever offers are on the table, but how the Council got a £113million asset for £10million due to a company being distressed, then immediately...
  19. lordsummerisle

    Arena Construction Completion Report

    Was merely returning the rhetoric, using the exact same language as has been used against Sisu throughout the saga. Was also drawing the analogy from the start of ACL, not what is happening now. You could say though that taking a company to court to try and force administration on them could...
  20. lordsummerisle

    Arena Construction Completion Report

    No problems with anybody gaining a business advantage at the expense of somebody who is on the ropes, but is that not just what many think that Sisu were trying to do with the rent strike? Ah, but that was the totally abhorrent actions of a predatory hedge-fund trying to pick up the Arena on...
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