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Problem is if they hit any problems and have trouble refinancing they're screwed. Its easy to assume things will always be as they are now, we did that and look at the mess it got us in. What happens if the economy goes tits up, TV rights are less than expected, they can't get a sponsor etc...

If these valuations are so water tight how come Wasps got into so much trouble before borrowing against a stadium valuation that proved to be massively inflated?

Nope, Woodlands was closing and Maton suggested CCFC buy it and maintain it as a public facility / academy but it then turned out it doesn't fit in with the city plan. This is Finham Park.

He wants us to lose at Wembley :o

Pompey fans not seeming so keen on fan ownership at the moment!

Do you believe a company whose major asset is worth £43.5m being sold for less than £7m represents good value for the taxpayer. How about a 200 year extension for £1m? Its not like Wasps have form for getting themselves in trouble by overvaluing an asset and then borrowing money against it. Oh...

Its a dangerous road to go down. While we may all feel SISU are wasting everyone's time who gets to decide who is and isn't allowed to use due legal process to examine the actions of public bodies?

Well he's identifying the issues, now can he solve them?

Exactly. If you're the FL you could have Wasps refusing to talk to CCFC and CCC blocking any attempt by the club to move and failing to respond to the clubs request for help. That makes a solid argument if Fisher turns up and says we want to move out of the city. On the other hand you could...

Its something odd like the extension falls away and they're back on the original lease.

A point that often missed. They still have some way to go to meet their bond commitments but we are constantly told the Ricoh is performing far better than it ever has before so how much headroom is there for further improvement? The building of the training centre has been delayed, the order...

There was the former Dunlop site Maton mentioned. It was with his if we illegally refused planning permission SISU could appeal and it would be overturned piece in the CT. A few days later it turned out the land was allocated for housing and couldn't be used for a stadium.

No. at no point have I suggested that. You've totally missed the point. It doesn't matter what me or you think it matters what people like the FL think. Lets look at it from their perspective. CCFC's landlords are currently refusing to talk to them. CCFC propose a move to a groundshare at the...

No he hasn't, he's said he won't work with SISU, no mention of Otium. Could be interpreted as very careful selected phrasing. Don't really see the problem. Will take the council literally minutes to fire out a press release saying they're happy to work with the club and for them to get plans...

Even better for the council. All CCC have to do is say they're all for the stadium at the Butts and tell Fisher to get the plans in ASAP. Sharp tells Fisher to do one, he's not interested. If they did that it would at least give the appearance of them being supportive of the club. If they don't...

I find this really strange. The simple fact is their fate was in their own hands going into the final game and they messed it up. If they had won nothing else comes in to it. Of course it was wrong but to hold a grudge 40 years later and celebrate Jimmy's death and hope we go out of business is...

And that's why they council should call their bluff. Say we're right behind it, get the plans for the Butts submitted ASAP, tell us what land you have identified for the academy etc. What do SISU do then? They either have to come good or admit it was all a smokescreen.

For me this is why CCC should come out and back it 100%. Is, as most suspect, it is a bluff from SISU then CCC saying great lets get things moving is a big problem for them. The best result for SISU is CCC to give some generic response about dropping legal action.

Not really the same is it? It would be like buying a house for £250K and the bank giving you a £2m mortgage! We know lots of businesses survive on credit but a lot also go out of business and nobody knows how things will stand when they need to renew the bonds, will be interesting if they fail...