Search results

In fairness, they're may never have been a board meeting, but it doesn't absolve TF of his legal duties. In case it helps, they're outlined here in the CCFC Ltd accounts, just above his signature. It would seem remarkable that between Jun 2012 and Jan 2013 they'd shifted all of those assets in...

That's an interesting take on it - but the books that TF signed off for Ltd in June 2012 still seemed to suggest that the players and most of the business of the club was transacted through Ltd. I believe that he was legally obliged at that point to make it clear that there had been a major...

I'm not sure it has been done within legal limits - if the players were within Ltd and transferred to Holdings, what value did Ltd receive for them? There's some detail below in regard to undervalue transfers of assets, I don't think it's as hard for creditors to prove this as you might think...

But its not a redundancy situation. So it would be seen as a breach of contract I appreciate SISU prefer to weasel out of contracts, but I'm afraid he's fully entitled to be paid up in full or accept a settlement on his terms. An average Joe would be entitled to the same protection under the...

Actually, in terms of the blame game I'm very much 95% SISU/5% ACL on all this, if not even more extreme. But I don't think the Council or ACL should ever close their door to meetings with SISU. Sooner or later, both sides will have to talk. Having said that, I'd expect there's a lot of spin...

I don't know - honestly, who does? Did anyone expect that the bond would be as low as £1m, and not even paid upfront or held in escrow. Would it really be a surprise if they let this slip as well?

Actually, they didn't get all of their money. Even assuming the FL enforced the CVA terms, it's still just a proportion of what they are actually owed - and it offers them very little compared to the true value of the lease. I wonder even ACL even knew about this clause - it seems to have come...

Fair play Moff, I appreciate that. And I'm sorry for getting so angry about it, I really try hard to make my point without causing offence but something about this has really got under my skin. I'm sure Cobblers36 and NTFC are perfectly decent types, and like almost all fans we could probably...

Yes mate, yes I would be moaning. It's our ground (or at least was), and I wouldn't want to share it with anyone. Lots of different reasons, but not least of which because I like football to be played on the deck and that's going to be hard if a pitch is churned up twice a week in winter. And...

I think it is partly NTFC's fault, because if their chairman hadn't taken the cash then it would likely have forced SISU down a different road. As for attacking Cobblers36, the point I'm making is that he admits he doesn't care what happens to us, but then seeks to offer "advice" on our...

You've admitted you don't give a fuck, so why are you here at all? Is it to whine about us standing on the hill. Again. Basically it strikes me that you're the forum equivalent of a rubbenecker - you're just here to watch our car crash of a club without actually wanting to do anything to...

You mean like Cardoza? We're fighting because we don't think we've lost our club yet, despite all the crap that's gone on. Politely, why don't you start a Phoenix club in Northampton on the 50+1 basis? That way you wouldn't be exposed to dodgy types doing things like groundsharing just to...

Actually, some of us want to fight for our club. It's not dead yet. Being blase means that you probably can't see that. I'm happy enough to debate the why's and wherefores of this with Cov fans who care - but I don't really see the need for advice from someone who is mostly looking out for...

Although in fairness if the reverse had happened and you'd been turfed out, and we'd 'rescued' you to play at the Ricoh, I hope you would have found more of our fans willing to be critical of our owner's actions than you seem to be against yours. I probably wouldn't have objected to you...

Running at break even with the club at the Ricoh might have given them a chance of selling the club and cutting their losses - now what are they going to do? Let's say they run the club at a loss using your figures for the next five years. That puts them £10m down. Then they've got to plan and...

How completely arse-backwards the FL are. Had they enforced their rules, rather than employ their "discretion", SISU would have had to negotiate with ACL. Indeed as Ainsworth pointed out in an earlier letter of 5th July, there was an offer to play for free whilst in admin whilst continuing to...

I just don't see that, sorry. What the guys on the hill are saying is that we love the team but hate SISU. There's nothing hypocritical in that stance, in fact I'd say it's a more dedicated protest than just doing nothing, it's costing money and time to get there.

Basically then, there are a couple of NTFC fans here who don't seem to like the idea of us standing on the hill. Why that is, I don't know, but I don't believe that it's out of a genuine desire to assist us in our plight. All the excuses they're giving seem a little made-up to me, sorry. If...

Actually I don't think that going and standing on the hill dilutes the protest at all. What it says to me is that we love the club sufficiently to spend our hard earned cash travelling down here to watch them (even with a crap view from the top of a hill), but we hate SISU so much that we're...