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The big problem is we don't know if ACL is ticking over OK. They could be losing money every month for all we know. However if they are breaking even or making a profit there isn't really a timeframe in which they need to do anything, they can just hold on to the share indefinitely in the hope...

Are you referring to the amount shown for Higgs share in ACL in the Higgs account? Would that not be more a book value for accounting purposes than a value for sale?

Given the timeframe I suspect it may be a valuation from the period in which things were very uncertain and therefore a lower end valuation. I wouldn't be surprised if ML knows what the valuation is and that's why he's so keen for this particular valuation to be made public.

Reading the article it's a valuation from June 2012 he wants made public, totally worthless now and of course we don't know on what basis the valuation was carried out. Just seems a diversion tactic.

Grendel, what would your solution be? It seems renting doesn't work, you seem to be saying ownership doesn't work and building a new stadium certainly isn't the answer so what do you suggest?

Why does ML want a valuation if SISU are no longer interested in the Ricoh. They need to either shut up about the Ricoh and get on with the new ground or tell everyone there is no new ground and they need the Ricoh. An independent valuation seems a waste of time. On what basis would they value...

Who owned the old Wembley? Says the FA had to buy the land to build the new stadium. I really struggle to see how they spent so much on it. As a football stadium it really isn't that different from the Ricoh if it had two tiers / greater capacity. There are meeting and conference facilities but...

http://www.charitycommission.gov.uk/our-regulatory-work/reporting-our-regulatory-work/inquiry-reports/ My personal opinion is that most people in Coventry do not want the charity to be 'ripped off' however you will most likely find many different definitions of ripped off. I would prefer not...

You can't sell the golden share, what you can sell is what we would consider the football club and the league will then grant you the golden share. The value is in the right to have it (ie the continuation of the club) rather than the share itself.

Where have you seen the council have a casting vote? Wasn't aware of that, had assumed as it's 50/50 ownership it would be some sort of interlocking arrangement. In your opinion what's the solution? Renting hasn't worked and SISU have stated they won't come back under a rental agreement...

Hopefully someone would offer to buy the club off SISU for more than they would get from liquidation.

Wouldn't those directors be appointed by the shareholders to work on their behalf and in line with their policies? Of course if it is the case that ownership brings no advantage then the obvious answer is to rent.

The mortgage is with ACL so it would stay with ACL until it had been paid, don't see how new ownership of ACL will change that. In terms of not receiving any revenue as owners are you referring to the fact that ACL have not paid a dividend as they have used all profits either for work on the...

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)...

http://www.aegworldwide.com

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.