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sorry? I don't understand the response? are you saying acl's lease entitles them to a percentage cut? that wasn't what I was asking, I mean does the acl lease allow them to develop land ie build a pub and if not does it prevent the freehold owner from developing the land, ie building a pub? You...

But you don't need the unfettered freehold for this, you buy the freehold and you buy acl. Then other than the fact you have casinos and shops etc who contracts you must honor, you can build yourself a train station, you can build a pub, another building where you sell the lease to nandos etc...

:facepalm: This your new way of dealing with having lost a debate and not having a reasonable response?, I'm not sure it's better than you skulking off quietly with your tail between your legs. SISU got out of their contract by liquidating the company, that seems like a good idea lets liquidate...

You can't demand a loan back, there will be a contract. Think how much money banks could make if they demanded their mortgage back

Council literature? it's very simple to see how stupid this request is. I can only assume you don't understand it, or you are being deliberately unreasonable because anyone who does understand what is being asked can easily see its stupid. It could happen if the land were oil fields or...

Exactly, but I think we need to empathise more how stupid and ridiculous a request it really is. Stupidly Expensive, Stupidly complicated, incredibly inefficient time and cost wise, incredibly risky and completely bat shit nuts

No the sane buyer buys acl and the freehold, or just acl. or acl and agrees a price for a lease extension up to 99 years with the council. The insane buyer asks to buy something that can't be sold and the insane poster posts in support of them.

They can have everything they just have to pay for it and buy it from the right people. The council can't sell it all as they don't own it all. If you want the unfettered freehold you have to buy the fettered freehold and then pay off everyone who has a lease there, completely unrealistic of...

20 spins in a row starting with £50 is £52 million, 21 spins £105 million, it adds up quicker than you expect. The odds of that however is 0.0001% for 20 in a row and 0.000048% for 21 assuming 50% chance of winning on each spin (which it isn't, it's something between 47% and 48.6% depending on...

Yes they are but your actions catch up with you, just like we all assume SISU are lying everytime they open their mouth.

Sell every player they can get some money for, give the money to Arvo and leave. More reasonably move back to coventry on the free rent deal, bring in a proper sponcer, just fix the things they purposfully broke over the last 6 months then sell the club for whatever they can get. Seriously...

What's your favourite charity?

Attention seeker, wind up merchant, frequently takes people out of context and attacks something they haven't said, when unable to respond to a question will either stop posting or attempt to deflect, he's very bad for the morale of the forum. No where near as clever as he thinks he is. Can...

No, their first duty is to the success of the company 1. To promote the success of the company This is one of the most significant changes brought about by the Act in terms of a director's duties. It is now the duty of a director to act in a way that s/he considers, in good faith, would be most...

Sure and it's quite possible the authorities would fall for it, we've certainly seen the football league fall for arguments even a child could see through. But I wasn't asking weather we can bring sisu to account, I was just asking if Otium directors are fulfilling their duties?

like I said you like fisher can't answer the question and so try to deflect. The stadium plan is not even in the interest of Coventry city even over the next 130 years and it's certainly not in the interest over the next 1, 10 and 25 years and even if it was, spending the period of time...

I have no idea what you are on about? I assume you are saying that because directors have to act in the best interests of their company that offering a free rent deal is breaking that? that is clearly not the case as ACL benefit from the football club being their even without any rent being paid...

What I'm asking is nothing to do with a hedge fund, Otium is Coventry City Football club, the directors of Coventry City football club have to do what is in the best interests of Coventry City football club by Law, Their actions appear to everyone to be against the interests of Coventry city...

no he doesn't I suggest you read what I said again. I said I think the owners of ACL are sick of the entire situation and would love to be shut of it, this means acl is likely to be available an attractive price. However this is only going to be the case if the people buying have the best...

who was talking about paying to challenge anything and again id love to hear a sensible argument for the benefit of us being in northampton now rather than moving back in the short, medium or long term.