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ACL's asset was the 50 year lease on the Ricoh and the Higgs Charity is a 50% shareholder in ACL. It was always intended that this arrangement was short term, to help CCFC out, and that CCFC would buy this back sooner rather than later. SISU have chosen not to buy it in the usual way, instead...

Strange, because i read it as ACL benefited from £1m of Olympic related infrastructure improvements, and not £1m income

Surely the administration fees will be more than 200k though...they're certainly not cheap

We have our wonderful leaders SISU to thank for that

Certainly...is that a fact ?

Hmmmm....not a single moan about the rent - how odd ;)

Joy invested nothing...it was SISU's investors that she has wasted the money of IIRC ACL has made a profit every year it has traded...unlike CCFC under SISU control...it begs the question - which company has amateurish management eg Ken Dulieu, Onye Igwe etc ?

2 threads Liam ?

A statement which says nothing. Really...what was the point ? He claims they'd already prepared for this move by ACL, so how come the statement is so devoid of any action plan ?

Yes, radical solution SISU...pay the debt

Even if ACL did give SISU the match day revenue for free, we would still not be a viable club, and we'd continue to make losses. Our wage bill is way too high-that is the big problem, and that is 100% under SISU's control.

Your statement that 'my lot want the club to cease to exist' is factually incorrect I'm not part of any 'lot' My opinions are my own, just as yours are, and are equally valid. Just because you do a lot of shouting, doesn't make you right.

Chill out sicko

Another new(ish) poster claiming to be impartial, but showing his true colours with this post...the PR department at SISU HQ must try harder

Yes...mark kerr...top young midfielder on CM 01/02...always one of my first signings :claping hands:

A couple of posters on here last night were saying that Elvis had a gentleman's agreement with Falkirk's chairman, and there was no compensation....was that wrong then ?

Oooyyy Fisher...failing business is CCFC and not ACL, ie the one that you are chief executive of !! Bloody cheek and very hypocritical calling ACL a failing business.

I'm sure there are a lot of blokes who would love to be lesbians ;)

That is correct for a Ltd company

Season over...sure SISU were praying for promotion...will they now show their true colours and make a dash for the exit ?