Search results

So you think a multi million pound business will now make decisions on personal emotion and vengeance as oppose to what's best business wise. SISU are a lot if things but I am not too sure they are that stupid

Grendel Do you think they can just liquidate or is it put up for grabs first?

I hope you are wrong

It does make sense to lose 36 million when you possibly save 10-15 of it?

Does anyone else than king harvest attend?

Funnily enough I think that would be the least of everyone's concern. Most already see this as a waste of time

Just read these notes for the first time ML is not as daft as some make out Look at the way the dynamics of the meeting changed after the little attack I have a feeling it was going to be a far tougher meeting for him until that attack. Is anybody on here a attendee of these meetings other...

You lose the JR. Then you approach the council/ ACL show them a transparent business plan with a rent and f and b deal incorporated which allows the club to break even. Explain that it genuinely is this or liquidation. Agree the deal Attempt to turn a profit or get some footballing...

Everyone seems to agree a rent deal is no go. However I can't see someone writing off 36 million. If they could agree a 10 year rent deal on their terms. Then turn the club into a break even / profit making business. You do that surely you could sell that package for 10-15 million. If JS...

If that happens do ARVO then need to recoup as much of 8 million that they can?

However apart from paying out 8 million they will agreeing to take responsibility for 52 million pounds worth of debt ( or whatever negotiated figure) unless they are a crazy Cov fan or a billionaire. That will not happen. Hence the stadium will not happen. Why has SISU not been challenged...

Yes I can see them returning as tenants I can't see any other option. Agree a long term rental on cracking terms turn the club into a profitable business. Sell the dream to someone recoup most of the debt. Can they jump straight to liquidate? I don't think they can. Someone will pick it up...

You can see why so far the council/ ACL are not panicked into selling the Ricoh. They must be looking at the possibility of building a new stadium figures and scratching their head. You can also see why they just need enough business to cover the losses. If they do this they will not be getting...

From an accountant who has read the books. I will go with that....

Can you see how they can recoup 60 million in the long run Godiva? Do you know if they have ever been asked this?

Right so Grendal's 8-10 million is way off the mark. 36 million will do for me. If we go for a middle figure in stadium cost 25 million. 60 million to sell the lot to walk away without any loses. At the moment we pay 1 million a year interest on the debt. This could feasibly double to 2...

Thanks OSB Interesting about the 1 million a year interest. The stadium will never make any profit to chip away at the debt. So if a new stadium costs 20-30 million what will SISU need to sell the lot for in order to walk away not writing off any loses?

Please explain this 8-10 million figure

You forgot paying interest in borrowed debt as well. It won't take 12 years. That debt will not be touched year after year. So it will be all down to the sale price

I said 50 million 30 million debt plus 20 million borrowed to build a stadium. I was been very kind Can you see a football club with a 12k capacity stadium selling for 50 million?