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  1. chiefdave

    SCG minutes...

    Fair point but equally PWKH told us, and I have no reason to disbelieve him, that other offers were on the table and the club picked the £1.2m flat rate. I can only guess this was down to them thinking we would be back in the prem and the deal would work to their advantage. If that had happened...
  2. chiefdave

    spare ticket for tonight

    Not yet mate.
  3. chiefdave

    SISU Strategy ?

    I'd be interested to know if the amount they've invested still sits happily on the balance sheet. Could explain their reluctance to let go of CCFC as that would be the point at which they'd have to write that money off? Is that how it works or have the been slowly writing it off over time?
  4. chiefdave

    SCG minutes...

    At the moment all profit goes into overpayments on the debt or improvements. I believe what you're referring to is a share of the profits goes to the council if the profit goes above £3.25m, a payment in addition to the lease payment. Not sure if that only applies after all the debt has been...
  5. chiefdave

    Have SISU been misunderstood?

    So lets's say the Ricoh is work £50m and CCFC take a £35m mortgage. If the ground was sold that mortgage would have to be repaid would it not? So the net amount would be £15m, not enough to cover SISU's investment. However if they'd used the £35 to repay the 'debt' they would walk away without...
  6. chiefdave

    SISU Strategy ?

    Depends really, do you know how each individual company your pension fund is investing in is doing? If it was one person investing £20m then they would be keeping an eye on what is going on, if it's a small part of a larger pension fund it's a lot easier to hide. How does the money 'owed' to...
  7. chiefdave

    WHY?/WHEN? signs for Arsenal

    I predict we will score in the 35th and 61st minutes just to bugger everything up!
  8. chiefdave

    Have SISU been misunderstood?

    I have always said I am open to having my opinion changed. When this situation first started I was totally behind SISU when they placed all the blame on the council but as more evidence has come out I have changed that opinion. If SISU can provide evidence that stands up to scrutiny that they...
  9. chiefdave

    Have SISU been misunderstood?

    As an example (all made up figures but gives an idea). Let's say in real terms they have put in £30m. Now say they get the Ricoh for £5m. Lets say they can obtain a mortgage on the Ricoh of £35m. The club takes out the mortgage, proceeds go to SISU, AVRO etc as they are 'owed' money. SISU stop...
  10. chiefdave

    SCG minutes...

    If it was identified by SISU as something that needed doing they should have been shouting it from the rooftops at that point as they would have had backing from the fans. Even now they aren't claiming they've been trying to sort this from day one and ACL have always refused. I'm not sure we...
  11. chiefdave

    spare ticket for tonight

    So despite my best intentions of not going to Arsenal it seems my family have been conspiring against me and this morning I was presented with 2 tickets as a birthday present. Wife's plan was a nice weekend in London but she's just text me to say she has to work a double shift so it looks...
  12. chiefdave

    SCG minutes...

    Exactly, imagine if on day one RR had stated we need to sort out the rent it is far too high and unsustainable. I would suggest this would have had the backing of the vast majority of supporters. Of course if they had purchased Higgs 50% share of ACL on day one they would have been in a very...
  13. chiefdave

    Have SISU been misunderstood?

    If the Ricoh makes money and the football club doesn't isn't the more likley option that they sell the club and retain ownership of the Ricoh charging the club a large rent to play there?
  14. chiefdave

    Have SISU been misunderstood?

    It's not an I hate SISU hat at all. How have you drawn the conclusion that their aim is to get the Ricoh and sell us on? There is no evidence to support that. The only evidence we have regarding their plans is Joy's interview in the CT where she stated her primary aim was to recover her...
  15. chiefdave

    SCG minutes...

    I know, so we could have continued to rent it or we could have exercised the buy back clause included in the deal in case the Arena project hit problems. We did neither. It is misleading to claim the club were forced to move to the Ricoh at all let alone that they were forced to sign the rental...
  16. chiefdave

    Have SISU been misunderstood?

    Do you really think they have a masterplan? Seems to me it's gone very wrong for them and they are scambling for a means to recoup as much, if not all, of their investors money. Have SISU done anything that makes you think the outcome of any such masterplan will be of benefit to CCFC rather...
  17. chiefdave

    Have SISU been misunderstood?

    The season prior to SISU taking over we finished 17th in the Championship, we have never bettered that under SISU and are now in League 1. The season prior to SISU taking over our average attendence was 20,342 with a highest attendance of 27,212, this season we have an average of 2,406 with a...
  18. chiefdave

    SCG minutes...

    We weren't homeless. We were still playing at HR and could have continued to do so, although we were paying more rent there than at the Ricoh. We had the option to buy back the Ricoh, not taken. We even had the nuclear option of ground sharing with someone else. At that point in time we are...
  19. chiefdave

    SCG minutes...

    This seems to be his new tactic, keep saying everything isn't clear and there's confusion. Mentions it multiple times according to those minutes. Yet most other people seem to have no problem understanding all these points which leaves 2 options a) he's lying or b) he's not up to the job.
  20. chiefdave

    SCG minutes...

    What in that made you changed your mind? The £32m SISU wrote off wasn't really their money was it? Wasn't it debt from before they tookover that they had kept on the books not actually money they'd ever put in.
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