It was £14M.ish, the fact they had payed the loan down at double rate does'nt seem to have been taken into account with any leeway In ACL's Value or from the YB enabled enabled a
Of Course paying It down at twice that necessary was apoor decision from the /clubs point as a fairer level could...
All comes back to that Package Godiva.
The offer from SISU to CCC to jointly discharge YB reduced SISU's input there and ,giving the option to settle Higgs at required Value EDIT: They were going to give It to a bank.Or the original where CCC pay Higgs the Other £3.5M.
Finally again,even for...
Apolgies young man,need for more retentive grey matter ,like Nicks server,thought I'd read It in the Completion pdf.
In a way It illustrates at outset that ACL would have been subsidising the the club's rent and costs ,good job they got the lease up and running within the year.
As someone else alluded to having been a tad Injury prone,If an offer came he may be advised to take it ,to maximise his chances should he have any other breakdowns. That history might just make suitors cautious also .
Yeah one of my suggestions at the time on focusing minds ,not sure If they'd had the £400K. offer at that point but I think so mid to late Jan,around the time the club sought FL approval for assistance on leaving and also engaging Designers /Property agents.
I don't believe they were or ever could be due to the lease /License agreement the Club held that the FL Insist on.
Any simple normal rental arrangement would have typically led to the gates being closed ,all possessions out In the front garden.
Thought they were just doing HOT with AEG as part of their Plan.
Also this one conflicts with SISU's paperwork yesterday ,where It's implicit that immediately after the March roadmap meeting Both Higgs and ACL indicated they would'nt sign up to the rent strike.
I would 've been skint but for the solicitors finally getting my payment from a contract I worked on fully six months ago ,at a level of 75% the original ,Sharks,everywhere,or maybe Hyenas.
It's a jungle Out there !!!
I still can't believe this all fell apart over £3.5m. to Higgs ,it's just Ludicrous that both other parties have been willing to further expose themselves to at least an Extra £10-£11M. up to now .
SIsu ,becuase they'd have what they say they wanted for around £120K pa over 100 yr lease .
CCC...