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that was my understanding of the stadium naming rights too ....... years still to go

SISU have been trying to engineer this since April thats for sure. I still get the impression that TF has been caught on the hop just now. ACL issued their statement first, what did it say. Well it was factual, the rent hasnt been paid, they can't wait forever, they remain open to talks if they...

http://www.bbc.co.uk/sport/0/football/20509103 another link

I really do hope this comes back to bite TF and SISU “We are prepared to pay double what a League 1 club would be expected to pay" thats good then Walsall pay £450k i believe £900k will do nicely. "We want to be a real football club, and a real football club pays a very reasonable rent, but...

They own the long lease not the freehold thats correct chiefdave. The shareholders in ACL have no further liability in terms of meeting debts unless they havent fully paid for their shares. So if it goes into administration a deal by way of CVA is done as you say as to size of debt ...

not really ...... their action focuses minds at SISU they might have some assets but then they would have nowhere to play...... what ACL are doing is saying you have to come to the table and you have to settle this. The charge as such does not stop a petition to wind up...... it secures those...

I think the situation is this (happy to be corrected) ACL have judgement over the rent debt due from CCFC The size of the rent and whether it is a valid lease etc has never been challenged in court CCFC owe the debt not SISU - at least £1m ACL have deferred collecting on that judgement until...

new ball game really Godiva if say ACL went into administration. The decision making is taken away from the directors and the shareholders are last in line. The administrator has to get the best deal for the creditors so that doesnt necessarily mean that the shareholders get or keep control...

he could well have been Otis ........ was funny to listen to which ever way it was meant .......... doubt doing stupid french accents will endear him to french players and fans though !

no Nick ........ i only know he issued one because the CT article referred to it. CT article didnt quote him just referred to parts of it. You would have thought it was important to get his words out there too. If only for balance

Do you not find it strange that TF issued a strongly worded statement to the CT but it isnt actually included in the article ? There are comments from the acting CEO at ACL and the Clerk to the Trustees for the charity

heard interview with him on Radio 5 Live last night ....... hilarious accent, had everyone in stitches

got to ask what are the positive ways out of this for SISU Rich............. would getting their hands on a valuable asset, with good income streams, at a knock down price if say ACL in administration, then sell it on for profit as a going concern with development rights be to SISU's advantage...

Thats right DTD they have the option to tax .......... thats why i phrased my point as a question because i do not know the VAT status of the property. If VAT has been charged then ACL will have had to pay it over to HMRC putting strain on cashflow and cant call it a bad debt as it stands so...

Not read it but I would guess it is going to say pretty much what we already know. Who has prompted the story ? TF or ACL ? 1) Rent debt now £1m - well i am not surprised ACL are angry, CCFC are not saying cant pay they are saying wont pay - there is a difference. Is that rent subject to VAT ...

outline permission was for 100 dwellings http://www.cwn.org.uk/skyblues/2000/08/000824-stadium-meeting.htm Cov Telegraph later reported it as 175 http://www.coventrytelegraph.net/coventry-city-fc/sky-blue-saturday/2004/04/04/buy-back-plan-nothing-decided-yet-50003-14116935/...

Think McGoldrick is more likely to cost £250k + and will be in demand elsewhere. Not only that but his agent will seek to get maximum return for his client and himself. In terms of paying his wages ..... if CCFC reduced the squad size to say 28 to 30 players instead of 38 (?) then the wages...

A view from one of the pompey fans pledging £1000 to their cause ........... would you take it this far ? ..... would you put your family at risk financially for the club? http://www.bbc.co.uk/sport/0/football/20452341 ...... family comes first for me every time not the football club

Firstly apologies to Jan and the SB Trust for having hijacked the thread Taylor .......... good to see a young lad with an opinion. Might want to think on why others disagree with your assessment though............ what gives them their insight...... what their knowledge and experience is...

Seriously folk have to think outside the box, question things, dont just accept them because it is in the papers!.