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  1. N

    So what will be the outcome?

    I know the management fees and interest go to them, I'm saying I don't think it's possible to run the club at breakeven at all, certainly not in northampton and to do so while taking a couple of mill out of the club in order to get their money back (which is what you were suggesting) just isn't...
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    Spoke to a property lawyer

    Well thats alot of money to return to get rid of ACL and you have to pay off the subcontractor leases within acl, ie compass etc, and if other premises on the site like the casino have leases with ACL you have to pay them off too. Getting rid of ACL by paying them back isn't practical. It's...
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    So what will be the outcome?

    If their plan was to run us on the smallest budget possible, attempting to break even while paying interest to themselves and taking management fees (which would be a valid way to get their money back if it's possible) then we wouldn't be in Northampton now, they would have taken one of the last...
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    Spoke to a property lawyer

    That's your response to the fact everything you were saying wasn't valid? to try and pick one line from my post and use it to deflect? Can I see the contracts? no, but I don't need too, it's not like I was giving a specific figure, and more than 20 million which fits into my tens of millions is...
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    Spoke to a property lawyer

    There is nothing to stop acl being sold to sisu and the council agreeing to sell the freehold at the same time, this is the reasonable, fair way to do it. but you are missing one massive vital point THIS IS NOT WHAT SISU WANT!!!!, SISU WONT DO THIS!!! They want the council to get rid of acl so...
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    This Situation..

    It really isn't complicated, just poor reporting and the other side intent on spreading confusion. The only thing the council on their own can sell is the freehold, this freehold HAS! to come with all the leases attached, to a certain extent in the short/medium term this means owning the...
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    This Situation..

    There were no inconsistencies with Ann Lucas. She said they don't want to sell but we would listen to offers for the freehold, they however are unable to sell the freehold without any leases attached which is what sisu want. No inconsistencies, just reporting that wasn't clear along with the...
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    New stadium land deal to be announced next month

    I was replying to the person who said we'd be back next season because all they want is the best rental deal possible. They have already been offered the best rental deal they are going to get so if he was correct and they would come back for next season then it follows they would be back already.
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    New stadium land deal to be announced next month

    Then why havn't they moved back already when offered rent free for the rest of this season and next?
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    Mark Labo Interview

    and 1 hour 9 mins for lucas interview
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    Mark Labo Interview

    8mins in for Labovich, 7 mins in for the start of the segment.
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    Arsenal allocation will not be increased

    because they haven't gone on general sale yet, just to those people who have brought season tickets, memberships, attended home games etc, which is fortunately very few people.
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    Get City back to Coventry

    This would require Coventry City council to buy ACL out of their lease, ACL would have to agree to this, One way or another this would cost the council into the double digits of millions. So no this won't work and isn't possible.
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    New stadium land deal to be announced next month

    This is what annoys me about the telegraph, they just let fisher/Labovich spin away without pointing these things out.
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    Mark Labo Interview

    tens of millions, if it's even possible (and it probably isn't), they couldn't ask for anything more ridiculous.
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    Proud of the Ricoh?

    Yeah, every year other than this one (fuck you sisu, seriously fuck you), first game of the season, sit behind the goal, sun beaming down on our face, Lets all sing together rings around the stadium, the hair on the back of my neck stands up and I think it's good to be back and there is no where...
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    Coventry City: Council 'open to Ricoh Arena freehold bids'

    I'm positive it means acl would still hold the lease, the only way ccc could sell the freehold unencumbered is to spends tens of millions buying out the leaseholders first and then sell to sisu, which is of course a ridiculous suggestion.
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    Mark Labo Interview

    The council CAN NOT!!! sell what sisu want. So a valuation is pointless. The Council DO NOT! own what the football team needs. The Council can sell the Freehold, ACL can sell the Leasehold, being able to play a team there and getting match day revenues come from owning the Leasehold (or of...
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    Coventry City: Council 'open to Ricoh Arena freehold bids'

    If Sisu buy the freehold that doesn't give them rights to play a football team there, nore does it give them rights to matchday revenue. If the council sell the freehold, ACL will still have a lease and sisu will have to either negotiate rent to play a football team there or buy out acl too...
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