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  1. N

    Are Otium Directors breaking the law?

    I was asking a question, I don't see any short, medium or long term financial benefit for not moving back to Coventry with the free rent offer. You are welcome to attempt to justify it, but neither Fisher nor labovich have been able to make any sort of reasonable argument and so I doubt you can...
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    Anne Lucas

    Yes the council doesn't have enough money and has to cut vital services, this is all the more reason why they shouldn't get fleeced by sisu. I completely support the football club owning the stadium and I used to completely support that it be sold to sisu but now they have demonstrated clearly...
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    Are Otium Directors breaking the law?

    I don't accept they can argue that successfully, they can only argue it when unchallenged, there is no way they can demonstrate that their actions are in the long term best interests of the club because they simply aren't. There is absolutely no legitimate argument against taking the free rent...
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    The problem with SISU Out

    Sure but when it comes with real estate it comes with extra cost. If you can buy the club and the real estate separately for a similar or lesser cost than buying a similar club with real estate and there is no reason why you couldn't then there will be lots of people interested. If Sisu...
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    Anne Lucas

    I don't really have much interest in what the council say now, there is nothing they can do to fix this, it's completely down to sisu.
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    The problem with SISU Out

    You get players, a great manager, ryton? the right to play in the league, the name etc, but what difference does that make? The amount of extra things changes what the club is worth, not weather or not people will be interested. None of that is his point though and you know that. The fact no...
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    The problem with SISU Out

    You are one of the main users of it though, perhaps as much as all the others put together and you use it on threads that are still friendly and polite meaning your uses of it are just as divisive as those people you have a problem with. By all means respond to every single post calling...
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    The problem with SISU Out

    Well the Arsenal Revenue likely prevents it being 5 fold, but otherwise yes, I think we could sell 5 times the tickets, 10 times the shirts and other merchandise, 20+ times the sponsorship and corporate hospitality. That's all without the fact it wouldn't take too much to get us out of this...
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    Are Otium Directors breaking the law?

    The Companies Act says that directors have to act in the best interests of the company. No one in their right mind can consider that playing in Northampton rather than accepting a cheap rent deal at the Ricoh is in the best interests of the company, They have purposefully sabotaged their own...
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    The problem with SISU Out

    No and that shows exactly why SISU will not be able to build a stadium and sell us recouping their investment, no one pays that sort of money for a league one club, Not to mention the fact you'd have to be mentally unstable to have given SISU 30m for something worth a few million at absolute...
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    SCG minutes...

    but like I said sisu can't buy the stadium from the council. There are 2 options, 1) buy the freehold from the council - This does nothing for the football club, it will not allow them to play a team there, it will not bring them match day revenue. 2) buy acl, which is the best option for...
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    SCG minutes...

    I've said this before to you I think, Sisu don't want to buy what the council can sell, so the talk of valuations is completely irrelevant, it's again just a smoke screen.
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    SCG minutes...

    I don't believe for a second there was poor due diligence from sisu when buying the club regarding the rent at least. It's not some secret thing that wouldn't be discovered without great searching. Haven't they already seen the books when doing due diligence to buy the higgs share in ACL and...
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    SCG minutes...

    AMEN! couldn't agree more with both statements.
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    What is happening with the ricoh?

    The new ground is where it was 8 months ago, no further along and probably fictional. Nothing has happened with acl getting a new tenant to use the pitch, doesn't sound likely to me.
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    Wolves planning upping bid for Leon

    If he is on good wages there is almost no chance of him agreeing a deal, why would you take a massive paycut to come here? That said if this is the deal they are going with, that probably means it will fall through increaseing the chance of us keeping leon but him not concidering it the clubs...
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    SCG minutes...

    She could have done a slightly better job of explaining it, but she takes very little blame. She was very clear she doesn't want to sell but is willing to listen to offers for the freehold. That should have been it, it only became confusing because sisu starting talking about buying the...
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    SCG minutes...

    It was only confusing because the media did a poor job of reporting it and Labovich tried to prey on that. He says he is confused but I don't believe that for a second. In fact I'll go further, he is lying, if he doesn't understand he shouldn't be a director. He clearly does understand and is...
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    Nice gesture by the club.

    The big man rereads the thread, realises he is mistaken and apologies for the misunderstanding. The pathetic man takes it further.
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    Nice gesture by the club.

    If thats directed at me, a) You're an idiot. b) You are another one who can't read, or pick bits of a post out of context and critasice. c) I didn't say anything of the sort. d) I don't even like the council.
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