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Absolutely - it's a worst-case valuation, and I think done at a time when ACL were under the most pressure. To suggest it as the current value of ACL, or indeed as the Ricoh in total iincluding freehold is simply wrong, imho.

I've got a lot of time for Les Reid, but I think he's wrong here and I worry that his opinion is beginning to bias his coverage. To me, the documents that BA provided proved that SISU did not tell the FL the truth. They also suggest that Appleton didn't do a very good job of finding out all of...

Surely if Mark Robins had sky blue blood he'd have been stood on the hill? (I'm just saying this to wind up torchy btw, wait for the bite). ;)

Then don't fall off your chair, but I'd tend to agree with you. I can understand why people don't want to sell to SISU, but to be honest I'm not looking at this from the football club's point as much as the taxpayer. If the taxpayer can get out without a loss, I don't think it matters who they...

So you are saying that the taxpayer shouldn't lose out so that SISU can benefit then? I'm thinking that figure would be at least £24m: £14m for the mortgage, and £10m for the grant (and possibly a bit more for all of the related works around the site). But of course the freehold doesn't give...

And I gave you my answer. Where's yours?

A rental deal's not going to happen at the moment, according to SISU. But do you think they might change tack when they realise the game's up in terms of getting the Ricoh on the cheap, and they're still getting pounded by losses at Northampton (and a new stadium will mean they have to find...

It was designed to help the club and protect ACL (a 50% owned) council asset and involved public funds. In that sense, a bailout. However it protected an asset, and should generate some profit in terms of the repayment at commercial rates, so also an investment. You'd agree it's wrong for the...

1) To give them a better deal, making sure that they stay healthy. And so that they could offer the club a better deal. 2) Because the actions of their tenant were clearly making the bank uncomfortable. Nervous banks tend to reprice debt, making it more expensive - and limit overdrafts...

Well it's probably best to get that issue resolved before there are too many more statements from the Council then, eh? And talking abour detriment, it's absolutely proven in a court of law that ACL have suffered a 'detriment' at the hands of SISU, this as a result of their failure to pay the...

I think they're likely to overcount for PR reasons, as above when it comes to declaring income I suspect they'll tell a different story to the taxman. Not in itself illegal, I'd guess, all part of SISU's game.

I know I keep banging on about this, but what if the highest value for the Ricoh isn't with it as a football ground? The only way to get a true value for the site and the business is to offer it to the market, surely. Otherwise both sides will simply play a game, one massively undervaluing it...

What a great question NW. Looking at it I think you're right that they wanted to keep the academy, though obviously they wanted to do it as cheaply as possible and it was the FA that forced them back to the Higgs Centre. If it was just about draining the blood out of CCFC before casting it...

Yep, have to agree. Almost by definition a leading question. It would be nice if both sides talked, but at the moment there doesn't seem that there's much to talk about. SISU have moved from the rent not being a problem, to the rent's too much, to needing both a low rent and a share of...

That's just brought back a ton of memories... Chatting with Paul, who used to sell T & S by the West End turnstiles, before the game. Drinking in Strikers after the game, and the bloke coming round with 'The Pink', which I always bought, but was probably too drunk to read by then. ;) Didn't...

I most certainly do. Always thought 'The West Ender' was kind of the broadsheet version, with T & S going down the tabloid route. It's probably just that one was actually physically bigger than the other though. :)

Shows what a total money-grabbing prick Cardoza is, as if we didn't know it. Pity, cos I always quite liked NTFC as a club, given their kindness to our older, clumsier players many of whom I still remember with affection. ;)

Can I use the coach for free, and then go and stand on the hill? That would be lovely. Joking aside, no. If your clients haven't got it, it's more than just the cost of travelling that stops me (and a few thousand others) from going to Northampton. And to be honest, I'm not entirely sure...

Good spot that. I've just done a quick dig through the last few years accounts and some are signed by the auditor on the same day, whereas some have a day or two's difference. I'm not sure there's too much to read into it either, in fairness. However, lest we forget, BDO signed off CCFC Ltd...

There's plenty of pressure on SISU already, I'd say. It seems ACL already made an offer regarding the rent to the Administrator, maybe they could or should repeat the offer again, but given JS's public stance would there be any point? It's always worth remembering that SISU refused to pay the...