Search results

  1. oldskyblue58

    Breaking news: Acl call off rent talks

    fair comment grego gee :) except that Pompey are in administration and have not been wound up. Any club that has been wound up has either gone out of existence or dropped leagues. I was taking as recent reference what has happened to Rangers in Scotland, they dropped 2 divisions by forming...
  2. oldskyblue58

    Breaking news: Acl call off rent talks

    To go to a smaller ground will require the current lease to be broken ............ unlikely to be agreement of that so the only way would seem to be wind company up and form ccfcnew co................. that would mean probably a drop of 2 divisions (conference football) ground share until a new...
  3. oldskyblue58

    Just one question for ACL/Council.. a petition ?

    It increasingly looks like that CCFC in its current structure is dead in the water with very few options left to explore
  4. oldskyblue58

    Breaking news: Acl call off rent talks

    look at it this way say the losses budgetted for by CCFC were £2m on sales of £6m (player budget 3.9m)...... personally I think it is more at over 3m loss saving £800k on rent - thats what we are told Rates saving ........... estimate £150k we are told additional profit from ACL £100k -...
  5. oldskyblue58

    More loans needed?

    In theory embargo starts Friday because the accounts have to be filed by midnight Thursday............ so he better be very quick!
  6. oldskyblue58

    More loans needed?

    better be quick ............. embargo looming
  7. oldskyblue58

    Just one question for ACL/Council.. a petition ?

    really ? perhaps the silent majority .................. but if the final solution was more to ACL's liking than CCFC there would be all sorts kicking off from some fans. The starting point for arbitration imo would not be the latest offer vs CCFC's demand................ it would probably...
  8. oldskyblue58

    Just one question for ACL/Council.. a petition ?

    on what basis ? .............. in what way is it ACL interest to delay?........ Have CCFC compromised anything? ............ can ACL offer any more? .......... is CCFC's position right or is it just a demand that hasnt moved in any real way from the start? Bottom line is we do not know
  9. oldskyblue58

    Just one question for ACL/Council.. a petition ?

    it may be but you cannot force either side to do it............... it also wouldnt surprise if some of the outcomes to it were not what some fans expect
  10. oldskyblue58

    Just one question for ACL/Council.. a petition ?

    Thing is VoR a mediator is just a referee and mediation is not a binding process. So at the end of the process we could still end up in exactly the same position as we are now..... no agreement. The thing it would achieve I think is more delay Arbitration would be different, that is someone...
  11. oldskyblue58

    Breaking news: Acl call off rent talks

    Do you know what really depresses and angers me is that in 1995 we had net assets in the CCFC Group of 1.3m ................. in the just under 18 years since then we have had over £215m in sales, God knows how much in player sales (probably well over £50m), we have written off 35m debts and...
  12. oldskyblue58

    Breaking news: Acl call off rent talks

    this seems to pull a lot of the articles in the press together http://www.thepeepingtom.net/tag/ricoh-arena/
  13. oldskyblue58

    Buying the Higgs Share

    It will be interesting to see how the likes of CWR and the CT come out of all this when the dust settles :thinking about:
  14. oldskyblue58

    Breaking news: Acl call off rent talks

    Part of the reason the Council could not have lent the money to CCFC is the credit history of the club SBT. Local Government rules will be quite strict about who they can lend to in the first place and the amount of risk that the loan carries. CCFC in anyones book are a high credit risk with a...
  15. oldskyblue58

    Breaking news: Acl call off rent talks

    SBT the escrow would have been drawn down each time a payment missed until it was empty.......... so around September time I guess the escrow was empty the 500k that was in there was put in in 2005 when a football grant that should have gone against build costs was allowed to be used as a...
  16. oldskyblue58

    Breaking news: Acl call off rent talks

    got to be honest ........ havent known when escrow became empty so doubt it was me that confirmed the time. The football grant money is the money put into the escrow account in 2005 and it is that money that has been drawn down at some point. There is no money in the escrow account now
  17. oldskyblue58

    Buying the Higgs Share

    yep thats correct - except the embargo should start 1st march because they are due to be filed 28/02
  18. oldskyblue58

    Buying the Higgs Share

    Here is a thought for you (all hindsight and "fantasy" i know but going to say it anyway) It is late 2007 just bought CCFC ....... need to make it all work. Need to get hands on stadium, ok tell fans it is for the club but dont want to be stuck running a football club. Look at the stadium...
  19. oldskyblue58

    Buying the Higgs Share

    ok take away the names .................. the stakeholder creates loans to company to keep it going ............ sound familiar the difference of course is that for one company the loan is fixed at a value, structured can afford to repay and decreasing ............ the other is unstructured...
Top