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At a guess that would be until the loan is repaid, at the moment all profit goes towards that so neither CCC or Higgs have seen any return from their stake in ACL,

Rob isn't but the chap standing for election is, forget what his name is.

Make no mistake AEG are a very good company and huge but to me the Ricoh doesn't fit at all in their portfolio in the UK, or even Europe as a whole for that matter. They don't operate any stadiums over here, nor do they operate any conference facilities. They do operate a handful of (indoor)...

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The freehold is the building itself. Currently owned by CCC. The only revenue this brings is from the sale of the lease. This was done as a one of payment and isn't due for renewal for 40+ years so a long time until this brings you any income. The exception is if ACLs profits reach a certain...

CCFC would need to buy the Higgs 50% and CCC 50% and then you'd be in that situation. CCC would own the freehold, CCFC would hold the lease. For me this is the best way forward and something that all sides should work towards. Once in that position the club are free to renegotiate any contracts...

You would want ownership under the same holding company as the football club but it doesn't necessarily have to be owned directly by the club. There are legitimate company structures where they club don't directly own the stake in ACL but get all the benefit from it.

On the basis that we get back what was in the share we sold to Higgs then the club would get: 50% of all non matchday revenues (or at least the share ACL receives as part of the joint venture which is just under 80% I think) 100% of all matchday revenues (as above) 50% stake in ACL so you...

Be worth giving their club shop a ring on Tuesday if you don't get hold of one before then.

We've got the fun of another trip to court before then.

You're not wrong, the whole situation does make me miserable. I would love to go back to the days where the only thing to be miserable about was losing a game.

A loss today I think, miserable end to a miserable season.

If the home kit is all red and the away kit all white are they ever going to need a third kit?

Be a while before Caddis has to pay for a beer in Brum again! Did I hear right that the ref booked him for celebrating?

Of the money ACL receive they would get 100% of revenues related to matchday and 50% of all other events. That's of course if the original deal is followed. That may well have changed now that the option to buy the share has gone.

Of course where the analogy falls down is that you getting kicked out of your council house won't affect thousands of people who enjoy spending time at your house and the loss of trade to local businesses is likely to be relatively insignificant. With something like the Ricoh the council would...

You've misunderstood me. A assume ACL receive a % from matchday revenues in line with their % stake in the joint venture. Does it follow that now belongs in the 50% share owned by Higgs in place of the previous 100% of matchday revenue?

I would would assume so, although ACL have been servicing the debt so there is nothing to suggest anyone who took over would need to finance the debt in addition to paying for the stake in ACL. As I've said before any potential purchaser would have to arrive at a valuation that takes into...

You can't argue that the original deal hasn't worked out well for CCFC, it does make you wonder why the club agreed to it. If we believe PWKH then they took this deal in preference over other options that would have seen them paying less in the lower leagues. The only reason I can think of is...

The 50% share that CCFC sold to Higgs was 50% ownership in ACL with 100% of matchday revenues. With the joint venture company I would assume that is now 100% of the share of matchday revenues received from the joint venture.