Search results

Well done TSBLiam....showing your true genius again ;) :claping hands: Here, have a huge piece of humble pie my friend.

shit...donny score

see #164...OSB say this money was paid into the escrow account in 2005.

Bit Hypocritical too...CCFC has never made a profit under SISU, in fact it has made huge losses. ACL on the other hand has IIRC posted profits every year it has existed, except one

No, he (or was it Ashbyjan?) said escrow was originally filled with FA grant money-they were to give us £1m re stadium build, but as work completed, this was reduced to £500k. They didnt want it paid directly to club, as they thought that was unfair to other clubs, but agreed it could be put...

If ACL's value has decreased, do you not think that that was what SISU's plan was, by witholding the rent, to distress ACL's finances and try and pick it up on the cheap ?

Easy answer...no

Absolutely zero percent...they dont have a good track record ;)

Yes...but only because the other candidates look so unappealing, and not some nostalgic nonsense. He's got alot of coaching experience in much higher leagues than we have the right to expect from our managerial candidates.

Very interesting...that's quite a few concessions. Many thanks ashbyjan.

You've lost me...where did this gun come from ?

That £14m the council used to buy ACL's mortgage from Yorkshire Bank, effectively making them ACL's banker, will in the long term return more than the £14m invested...seems a reasonably sound investment as inspite of SISU's witholding of the rent, the arena is a profitable conference and concert...

CCFC originally sold those rights to stop itself going bust.....and you want ACL to gift back those rights for nothing ? Whose fleecing who ?

That 500k was put into the escrow account many, many years ago, in case CCFC (aka SISU) ever defaulted, which they subsequently did, proving it was a sound decision ! Since CCFC (aka SISU) started witholding any rent, they are now paying 'matchday costs' only and no rent. If as it appears, TF is...

Match day costs i believe, not the rent ? Feel free to correct me if i'm wrong...memory aint what i used to be lol

SISU dont do 'goodwill gestures'...they are not a charity (like the Higgs Trust), they are a Mayfair based hedge fund, and by the very nature of it's being, will take disputes to the nth degree for maximum profit.

SISU are NOT compromising...they're paying f*ck all...that is the major problem

An ACL spokesman said : The situation is quite simple. CCFC (aka SISU) owes ACL £1.3m which a court of law has confirmed our right to collect. Our board has participated in hours of discussions with CCFC during which we have made many concessions and CCFC (aka SISU) has made none. What's the...

What bast*rds ACL are for compromising on the rent deal lol ;)

Leon scores AGAIN :claping hands: